Home > Statistics > New orders in manufacturing > 2013 > February > New orders in manufacturing decreased by 9.7 per cent year-on-year in February

Published: 10 April 2013

New orders in manufacturing decreased by 9.7 per cent year-on-year in February

According to Statistics Finland, the value of new orders in manufacturing was 9.7 per cent lower in February 2013 than twelve months earlier. In the January to February period, new orders in manufacturing decreased by 9.4 per cent year-on-year. In 2012, new orders went down by 6.3 per cent from 2011.

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 February. Among the examined main industries, orders grew in the industry of manufacture of paper, and paper and board products by 2.2 per cent. By contrast, orders decreased by 16.9 per cent in the textile industry, by 13.4 per cent in the metal industry and by 7.6 per cent in the chemical industry compared to Feburary 2012.

When interpreting these statistics it should be borne in mind that they typically show strong fluctuations by month. Even new orders of substantial value are not examined over extended time periods but for the statistical reference month only.

The base year 2010 is utilised for the calculation of new orders in manufacturing starting from the statistics for February 2013.

Change in new orders in manufacturing 2/2012-2/2013 (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 400 to 450 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 2010 (2010=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 2013, February. Statistics Finland

Inquiries: Eetu Toivanen 09 1734 3331, Kari Rautio 09 1734 2479, volyymi.indeksi@stat.fi

Director in charge: Hannele Orjala

Publication in pdf-format (245.4 kB)

Tables

Appendix tables

• Appendix table 1. Three-month moving change, cumulative change and change in the latest month, year-on-year, % (TOL 2008) (10.4.2013)

Figures

• Appendix figure 1. New orders in manufacturing, trend series by industry (TOL 2008) (10.4.2013)

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Updated 10.4.2013