Home > Statistics > New orders in manufacturing > 2007 > March > New orders in manufacturing fell by 23.2 per cent year-on-year in March

Published: 10 May 2007

New orders in manufacturing fell by 23.2 per cent year-on-year in March

According to Statistics Finland, new orders in manufacturing fell by 23.2 per cent year-on-year in March 2007. In the January to March period new orders in manufacturing declined by 5.1 per cent from twelve months back.

Change in new orders in manufacturing from corresponding month of the previous year (original series), %

Among the examined main industries, the value of new orders declined most, or by 33.6 per cent, in the metal industry. The strong contraction of new orders in the metal industry is explained by the exceptionally high value of new orders received in shipbuilding in March of the comparison year of 2006. In the manufacture of pulp, paper and paper products new orders diminished by 2.6 per cent. In the manufacture of chemicals, chemical products and man-made fibres new orders went up by 0.3 per cent and in the manufacture of textiles and textile products by 3.3 per cent. These statistics typically show strong fluctuations as new orders are not examined over extended time periods but for the statistical reference month only.

Change in new orders in manufacturing 3/2006-3/2007

Source: New orders in manufacturing 2007, March. Statistics Finland

Inquiries: Pekka Hänninen (09) 1734 2606, volyymi.indeksi@stat.fi

Director in charge: Hannele Orjala

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Updated 10.5.2007