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Home BUSINESSNew orders in manufacturing down by 9.5% in October
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Fri, 11 Dec, 2015 12:06:19 AM
FTimes Report, Dec 11
 
Annual change in new orders in manufacturing (orginal series), % (TOL2008). Source: New orders in manufacturing 2015, October. Statistics Finland.
The value of new orders in manufacturing was 9.5 per cent lower in October 2015 than twelve months earlier. During January to October, orders grew by 2.0 per cent year-on-year, according to Statistics Finland.
 
In October, enterprises in all manufacturing industries received less orders than twelve months ago.
 
In the metal industry, orders declined by 8.7 per cent and in the industry of the manufacture of paper and paper board products by 9.4 per cent.
 
Change in new orders in manufacturing 10/2014– 10/2015 (TOL2008). Source: New orders in manufacturing 2015, October. Statistics Finland.
In the chemical industry, new orders decreased by 12.3 per cent and in the textile industry by 12.5 per cent year-on-year, the data show.
 
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 400 to 450 enterprises or their kind-of-activity units. Index point figures and annual change percentages are published monthly for five industry categories.  
 
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