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Home BUSINESSNew orders in manufacturing grows by 2.2 per cent
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Mon, 12 Aug, 2013 12:04:57 AM
FTimes Report, August 12
 
Source Statistics Finland
The decrease in new orders in manufacturing, which has continued for six months, has halted in June, when the value of new orders was 2.2 per cent higher than the previous year, according to the Statistics Finland.
 
 In the January to June period, new orders have decreased by 6.3 per cent since last year.
 
New orders have decreased by 1.8 per cent in the manufacture of paper, and paper and board products, by 4.3 per cent in the chemical industry and by 14.1 per cent in the textile industry compared with June 2012.
 
Source Statistics Finland
Among the examined main industries, the metal industry showed a growth of 5.3 per cent.
 
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.
 
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.
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