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New orders in manufacturing decreased by 16.9 per cent year-on-year in April 2023

release | New orders in manufacturing 2023, April

According to Statistics Finland, the value of new orders in manufacturing was 16.9 per cent lower in April 2023 than twelve months earlier. During January to April, orders decreased by 6.4 per cent from the year before.

Key selections

  • Orders decreased in all examined manufacturing main industries.
  • The value of new orders fell least in the paper industry.

Changes in the examined main industries

In April 2023, the value of new orders received by enterprises in the manufacture of paper and paper board products was 7.3 per cent lower than one year earlier. New orders decreased in the chemical industry by 17.6 per cent and in the metal industry by 19.4 per cent from one year earlier.

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.

Figures

See key statistical data in the figures.

New orders in manufacturing, trend series by industry (TOL 2008), 2005M01-2023M04

Year-on-year change in new orders in manufacturing 2021M04-2023M04 (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)
Period:
month
Updated:
Classifications used:
  • Standard Industrial Classification (TOL 2008)
  • Revision
Period:
month
Updated:

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Background information

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Statistical experts

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