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Home BUSINESSNew orders in manufacturing down by 3.3%
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Thu, 11 Feb, 2016 02:45:21 AM
FTimes Report, Feb 11

 

The value of new orders in manufacturing was 3.3 per cent lower year-on-year in December 2015, according to Statistics Finland.

The orders rose by 1.0 per cent in 2015 from the year before.

Enterprises received more orders than twelve months ago in December in the textile and the paper industry.

 In the textile industry, orders went up by 9.4 per cent from one year ago, and in the manufacture of paper and board products by 1.2 per cent, the data show.

Orders decreased by 3.8 per cent year-on-year In the metal industry and by 7.7 per cent in the chemical industry as per the statistics 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.

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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