Finland Times

 

Change in new orders in manufacturing from corresponding month of the previous year (original series), % (TOL 2008). Source: Statistics Finland.

The value of new orders in manufacturing was 6.9 per cent higher in February 2014 than twelve months earlier, according to Statistics Finland.

 

In January to February, the orders grew by 1.3 per cent compared to the corresponding period of the previous year. 

 

Among the examined main industries, the value of new orders grew most in the metal industry, where growth amounted to 14.3 per cent compared to February 2013, said the statistics based on non-probability sampling, in which the basic observation unit is an enterprise or a kind-of-activity unit.

 

Change in new orders in manufacturing 2/2013-2/2014 (TOL 2008). Source: Statistics Finland.

In the textile industry, orders went up by 2.2 per cent. But in the chemical industry, the orders declined by one per cent and in the industry of the manufacture of paper and paper board products by 8.8 per cent from one year ago.

 

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.