New orders in manufacturing decreased by 6.4 per cent year-on-year in January 2024
release | New orders in manufacturing 2024, JanuaryChange
Change
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.
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
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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- Standard Industrial Classification (TOL 2008)