Published: 10 December 2019
New orders in manufacturing fell by 12.6 per cent year-on-year in October
According to Statistics Finland, the value of new orders in manufacturing was 12.6 per cent lower in October 2019 than twelve months earlier. During January to October, orders decreased by 1.1 per cent year-on-year.
Annual change in new orders in manufacturing (original series), % (TOL2008)
![Annual change in new orders in manufacturing (original series), % (TOL2008)](teul_2019_10_2019-12-10_tie_001_en_001.png)
Enterprises received more orders than twelve months ago in October in the chemical industry, where orders increased by 7.0 per cent year-on-year. In other manufacturing sub-industries orders declined. In the industry of the manufacture of paper and paper board products, orders declined by 8.0 per cent and in the metal industry by 17.4 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 10/2018– 10/2019
![Change in new orders in manufacturing 10/2018– 10/2019](teul_2019_10_2019-12-10_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 2019, October. 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 (251.5 kB)
Updated 10.12.2019
Statistics:
New orders in manufacturing [e-publication].
ISSN=1798-6737. October 2019. Helsinki: Statistics Finland [referred: 18.8.2024].
Access method: http://www.stat.fi/til/teul/2019/10/teul_2019_10_2019-12-10_tie_001_en.html