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

release | New orders in manufacturing 2022, November

Change

A new database table on data revisions has been published in the statistics on new orders in manufacturing.
Read more about the change

According to Statistics Finland, the value of new orders in manufacturing was 8.9 per cent lower in November 2022 than twelve months earlier. During January to November, orders increased by 7.2 per cent from the year before.

Key selections

  • The value of new orders fell by 8.9 per cent year-on-year in November.
  • Orders decreased in all examined main industries of manufacturing.

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.

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.

Change

A new database table on data revisions has been published in the statistics on new orders in manufacturing.
Read more about the change

Figures

See key statistical data in the figures.

New orders in manufacturing, trend series by industry (TOL 2008), 2005M01-2022M11

Year-on-year change in new orders in manufacturing 2020M11-2022M11 (original series), % (TOL2008)

Tables

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Change in the latest month, cumulative change and change by three-month period, year-on-year (original series), % (TOL 2008)

Database tables

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Updated database tables
Classifications used:
  • Standard Industrial Classification (TOL 2008)
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month
Updated:
New database tables

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Background information

Documentation
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Statistical experts

Inquiries primarily
Petri Koivisto
Senior Statistician
029 551 3669
Other experts
Head of Department in charge