New orders in manufacturing went down by 8.9 per cent year-on-year in November 2022

Orders decreased most in the metal industry

In November 2022, orders decreased most in the metal industry, where the value of new orders was 10.9 per cent lower than in the year before. In the chemical industry the value of orders was 5.6 per cent lower and in the industry of manufacture of paper and paper board products 3.7 per cent lower than in the previous year. The last time orders decreased simultaneously in all examined main industries of manufacturing was in July 2020.

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When interpreting these statistics, it should be borne in mind that they typically show strong fluctuations by month. Even new orders of substantial value are not examined over extended time periods but for the statistical reference month only.