Home > Statistics > New orders in manufacturing > 2007 > May > New orders in manufacturing grew by 34.9 per cent year-on-year in May

Published: 10 July 2007

New orders in manufacturing grew by 34.9 per cent year-on-year in May

According to Statistics Finland, new orders in manufacturing went up by 34.9 per cent in May 2007 from May 2006. In the January to May period, new orders in manufacturing increased by 8.2 per cent year-on-year.

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

Among the examined main industries, new orders increased most, by 56.8 per cent, in the metal industry. The increase of new orders in the metal industry is explained by exceptionally strong growth in ship building. On the other hand, new orders increased in several other sub-industries of the metal industry as well. New orders increased by 4.6 per cent in the manufacture of pulp, paper and paper products. In the textile industry new orders decreased by 3.0 per cent and in the chemical industry by 2.9 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 5/2006-5/2007

Source: New orders in manufacturing 2007,May Statistics Finland

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

Director in charge: Hannele Orjala

---

Updated 10.7.2007