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

Release related to topics:Enterprises
release | New orders in manufacturing 2024, January

Change

The base year of the statistics is updated from 2015 to 2021. 
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Change

New database tables are published and old database tables are archived in the statistics on new orders in manufacturing.
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According to Statistics Finland, the value of new orders in manufacturing was 6.4 per cent lower in January 2024 than twelve months earlier. Orders decreased in all examined main industries of manufacturing.

Key selections

  • New orders declined most in the chemical industry.
  • Orders also decreased in the metal industry and the paper industry.

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.

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

The base year of the statistics is updated from 2015 to 2021. 
Read more about the change

Change

New database tables are published and old database tables are archived 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 (2021=100) by industry (TOL 2008), 2005M01-2024M01

Year-on-year change in new orders in manufacturing 2022M01-2024M01 (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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New database tables
Classifications used:
  • Standard Industrial Classification (TOL 2008)
Reference period cycle:
month
Updating frequency:
month
Updated:
Removed database tables

Future releases

Documentation

Description of the production, used methods and quality of the statistics.

Go to documentation of the statistics

Referencing instructions

New orders in manufacturing [online publication].
Reference period: 2024, January. ISSN=1798-6737. Helsinki: Statistics Finland [Referenced: 16.11.2024].
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Statistical experts

Inquiries primarily

Petri Koivisto
Senior Statistician
029 551 3669

Other experts

Jussi Haavisto
Senior Statistician
029 551 3341

Head of Department in charge

Katri Kaaja
Head of Department in charge
029 551 3488