New orders in manufacturing decreased by 6.4 per cent year-on-year in January 2024

Changes in the examined main industries

In January, enterprises in all examined main industries of manufacturing received fewer new orders than twelve months before. New orders decreased most in the chemical industry, where the value of new orders was 9.2 per cent lower than one year earlier. Orders have decreased continuously for 12 months in the chemical industry. Orders in the metal industry decreased by 6.8 per cent and in the manufacture of paper and paper products by 4.0 per cent in January compared to the previous year.

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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.