Published: 10 October 2008
New orders in manufacturing fell by 0.8 per cent year-on-year in August
According to Statistics Finland, the value of new orders in manufacturing was 0.8 per cent lower in August 2008 than in August 2007. In the January to August period, new orders in manufacturing fell by 1.1per cent year-on-year.
Change in new orders in manufacturing from corresponding month of the previous year (original series), %
The decline in new orders was strongest in the textile industry, where it amounted to 20.6 per cent. In the manufacture of pulp, paper and paper products new orders decreased by 13.8 per cent and in the metal industry by 1.2 per cent. By contrast, new orders increased by 8.0 per cent in the chemical industry. 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 08/2007-08/2008
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, August. Statistics Finland
Inquiries: Jukka Appelqvist (09) 1734 3391, volyymi.indeksi@stat.fi
Director in charge: Hannele Orjala
Updated 10.10.2008
Statistics:
New orders in manufacturing [e-publication].
ISSN=1798-6737. August 2008. Helsinki: Statistics Finland [referred: 22.12.2024].
Access method: http://www.stat.fi/til/teul/2008/08/teul_2008_08_2008-10-10_tie_001_en.html