Home > Statistics > New orders in manufacturing > 2007 > October > New orders in manufacturing grew by 15.7 per cent year-on-year in October

Published: 10 December 2007

New orders in manufacturing grew by 15.7 per cent year-on-year in October

According to Statistics Finland, new orders in manufacturing went up by 15.7 per cent in October 2007 from October 2006. In the January to October period, new orders in manufacturing increased by 8.3 per cent year-on-year.

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

The largest growth in new orders was recorded in the metal industry where they went up by 19.4 per cent. In the textile industry new orders increased by 10.9 per cent and in the chemical industry by 10 per cent. In the manufacture of pulp, paper and paper products the growth in new orders amounted to 9.2 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 10/2006-10/2007

The index of new orders in manufacturing describes development in the value of new orders received by enterprises for commodities and services that are meant to be produced by establishments located in Finland. These statistics are based on non-probability sampling, in which the basic observation unit is an enterprise or a kind-of-activity unit. The sample comprises annually approximately 400 to 430 enterprises or their kind-of-activity units. Index point figures and annual change percentages are published monthly for five industry categories. The time series start from January 2005 and their base year is 2005 (2005=100). A detailed description of the statistics and the calculation method are included in the quality description on the home page of the statistics.

Source: New orders in manufacturing 2007, October Statistics Finland

Inquiries: Kari Rautio (09) 1734 2479, volyymi.indeksi@stat.fi

Director in charge: Hannele Orjala

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Updated 10.12.2007