Published: 10 May 2012
According to Statistics Finland, the value of new orders in manufacturing was 11.8 per cent lower in March 2012 than twelve months earlier. In the first quarter of the year, new orders in manufacturing declined by 5.0 per cent from twelve months back.
Change in new orders in manufacturing from corresponding month of the previous year (original series), % (TOL 2008)
Among the examined main industries, the chemical industry grew by 18.2 per cent. In contrast, orders went down by 16.6 per cent in the forest industry, by 14.4 per cent in the textile industry and by 12.5 per cent in the manufacture of paper, and paper and board products.
When interpreting these statistics it should be borne in mind that they typically show strong fluctuations by month. Even new orders of substantial value are not examined over extended time periods but for the statistical reference month only.
Change in new orders in manufacturing 3/2011-3/2012 (TOL 2008)
The index of new orders in manufacturing describes development in the value of new orders received by enterprises for commodities and services that are meant to be produced by establishments located in Finland. These statistics are based on non-probability sampling, in which the basic observation unit is an enterprise or a kind-of-activity unit. The sample comprises monthly approximately 400 to 430 enterprises or their kind-of-activity units. Index point figures and annual change percentages are published monthly for five industry categories. The time series start from January 2005 and their base year is 2005 (2005=100). A detailed description of the statistics and the calculation method are included in the quality description on the home page of the statistics.
Source: New orders in manufacturing 2011, March. Statistics Finland
Inquiries: Eetu Toivanen 09 1734 3331, Kari Rautio 09 1734 2479, firstname.lastname@example.org
Director in charge: Hannele Orjala
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