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Home BUSINESSNew orders in manufacturing down by 1.8% in Jan
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Fri, 11 Mar, 2016 12:03:36 AM
FTimes – STT Report, Mar 11
 
Annual change in new orders in manufacturing (orginal series), % (TOL2008). Source: New orders in manufacturing 2016, January. Statistics Finland.
The value of new orders in manufacturing was 1.8 per cent lower year-on-year in January 2016, according to Statistics Finland..
 
Orders have declined continuously for five months, the data show.
 
Enterprises received more orders than twelve months ago in January only in the metal industry.
 
New orders went up by 1.3 per cent year-on-year. Orders went down by 3.2 per cent in the textile industry, by 3.7 per cent in the chemical industry and by 7.8 per cent in the manufacture of paper, and paper and board products 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.
 
Change in new orders in manufacturing 1/2015– 1/2016 (TOL2008). Source: New orders in manufacturing 2016, January. Statistics Finland.
The 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.  
 
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