Published: 10 September 2018
New orders in manufacturing grew by 12.3 per cent year-on-year in July
According to Statistics Finland, the value of new orders in manufacturing was 12.3 per cent higher in July 2018 than twelve months earlier. During January to July, orders went down by 2.3 per cent from the year before.
Annual change in new orders in manufacturing (original series), % (TOL2008)
![Annual change in new orders in manufacturing (original series), % (TOL2008)](teul_2018_07_2018-09-10_tie_001_en_001.png)
In July, enterprises in all manufacturing industries received more orders than twelve months ago. Orders grew most in the metal industry, by 14.9 per cent. In the industry of the manufacture of paper and paper board products, orders grew by 9.6 per cent and in the chemical industry by 8.5 per cent year-on-year.
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 7/2017– 7/2018
![Change in new orders in manufacturing 7/2017– 7/2018](teul_2018_07_2018-09-10_tie_001_en_002.png)
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 four industry categories. The time series start from January 2005 and their base year is 2015 (2015=100). The index figures may become slightly revised as new data accumulate and enterprises report changes to their data. Due to supplementations, the latest 12 months are revised in the releases. 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 2018, July. Statistics Finland
Inquiries: Jussi Haavisto 029 551 3341, Maarit Mäkelä 029 551 3324, volyymi.indeksi@stat.fi
Director in charge: Mari Ylä-Jarkko
Publication in pdf-format (249.4 kB)
Updated 10.9.2018
Statistics:
New orders in manufacturing [e-publication].
ISSN=1798-6737. July 2018. Helsinki: Statistics Finland [referred: 18.8.2024].
Access method: http://www.stat.fi/til/teul/2018/07/teul_2018_07_2018-09-10_tie_001_en.html