Home > Statistics > New orders in manufacturing > 2008 > July > New orders in manufacturing grew by 3.9 per cent year-on-year in July

Published: 12 September 2008

New orders in manufacturing grew by 3.9 per cent year-on-year in July

According to Statistics Finland, the value of new orders in manufacturing was 3.9 per cent higher in July 2008 than in July 2007. In the January to July period, new orders in manufacturing fell by 1.0 per cent year-on-year.

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

Growth in new orders was strongest in the chemical industry, where it totalled 6.7 per cent. In the metal industry orders went up by 4.4 per cent and in the textile industry by 2.9 per cent. In the manufacture of pulp, paper and paper products new orders fell by 2.7 per cent. However, 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 07/2007-07/2008

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 2008, July. Statistics Finland

Inquiries: Jukka Appelqvist (09) 1734 3391, volyymi.indeksi@stat.fi

Director in charge: Hannele Orjala

---

Updated 12.9.2008