Published: 13 November 2009
New orders in manufacturing fell by just under one-third year-on-year in September 2009
According to Statistics Finland, the value of new orders in manufacturing was 31 per cent lower in September 2009 than in September 2008. In the January to September period, new orders fell by 36.3 per cent year-on-year.
Change in new orders in manufacturing from corresponding month of the previous year (original series), % (TOL 2008)
The decline of new orders in manufacturing continued through September. Compared with the previous year, new orders declined in all the examined main industries. The contraction of orders was particularly strong in the metal industry where the prolonged difficult economic situation persisted in September as it had in the months before. In the metal industry, orders declined by 40.5 per cent compared with September 2008. In the textile industry new orders fell by 19.8 per cent, and in the manufacture of paper, and paper and board products by 13.6 per cent. When looking at all the industries, development was most favourable in the chemical industry where new orders declined by 7 per cent, which is clearly less than the average in the past months.
Change in new orders in manufacturing 09/2008-09/2009 (TOL 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 monthly 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 2009, September. Statistics Finland
Inquiries: Jukka Appelqvist (09) 1734 3391, volyymi.indeksi@stat.fi
Director in charge: Hannele Orjala
Updated 13.11.2009
Statistics:
New orders in manufacturing [e-publication].
ISSN=1798-6737. September 2009. Helsinki: Statistics Finland [referred: 19.11.2024].
Access method: http://www.stat.fi/til/teul/2009/09/teul_2009_09_2009-11-13_tie_001_en.html