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Published: 10 June 2014

New orders in manufacturing grew by 8.0 per cent year-on-year in April

According to Statistics Finland, the value of new orders in manufacturing was 8.0 per cent higher in April 2014 than twelve months earlier. The value of new orders went up for the third successive month from last year. During January to April, orders grew by 4.2 per cent year-on-year.

Annual change in new orders in manufacturing (original series), % (TOL 2008)

Annual change in new orders in manufacturing (original series), % (TOL 2008)

The growth in new orders in April was based on one main industry, namely the metal industry, where growth amounted to 17.1 per cent compared to April 2013. In other manufacturing main industries, enterprises received fewer orders than one year ago. In the chemical industry, orders declined by 1.3 per cent, in the industry of the manufacture of paper and paper board products by 6.8 per cent, and in the textile industry by 19.6 per cent from one year ago.

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.

Change in new orders in manufacturing 4/2013-4/2014 (TOL 2008)

Change in new orders in manufacturing 4/2013-4/2014 (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 2014, April. Statistics Finland

Inquiries: Salla Simola 029 551 3308, Eetu Toivanen 029 551 3331, volyymi.indeksi@stat.fi

Director in charge: Hannele Orjala

Publication in pdf-format (245.4 kB)

Tables

Appendix tables

Figures

Updated 10.6.2014

Referencing instructions:

Statistics: New orders in manufacturing [e-publication].
ISSN=1798-6737. April 2014. Helsinki: Statistics Finland [referred: 28.3.2024].
Access method: http://www.stat.fi/til/teul/2014/04/teul_2014_04_2014-06-10_tie_001_en.html