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Home BUSINESSNew orders in manufacturing down by 30.6% in September
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Wed, 11 Nov, 2015 12:08:03 AM
FTimes Report, Nov 11
 
Annual change in new orders in manufacturing (orginal series), % (TOL2008). Source: New orders in manufacturing 2015, Sebtember. Statistics Finland.
The value of new orders in manufacturing was 30.6 per cent lower in September 2015 than twelve months earlier, Statistics Finland’s data show.
 
The fall is largely explained by the exceptionally high value of new orders in the corresponding time period of the previous year, generated by, for example, a few large orders in the shipbuilding industry. During January to September, orders grew by 3.4 per cent year-on-year, according to the statistics.
 
Change in new orders in manufacturing 9/2014– 9/2015 (TOL2008). Source: New orders in manufacturing 2015, Sebtember. Statistics Finland.
Enterprises received more orders than twelve months ago in September only in the textile industry, where orders increased by 4.3 per cent year-on-year.
 
In other manufacturing industries, the value of orders was lower than in the year before. In the metal industry, new orders decreased by as much as 38.3 per cent compared to the previous year.
 
In the chemical industry, orders declined by 23.5 per cent and in the industry of the manufacture of paper and paper board products by 1.1 per cent from one year ago.
 
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