Published: 10 November 2021
New orders in manufacturing grew by 37.9 per cent year-on-year in September
According to Statistics Finland, the value of new orders in manufacturing was 37.9 per cent higher in September 2021 than twelve months earlier. During January to September, orders grew by 30.9 per cent from the year before.
Annual change in new orders in manufacturing (original series), % (TOL2008)
As in the months before, growth continued strong in new orders in manufacturing in September. In September, enterprises in all examined main industries received more orders than twelve months ago. New orders grew most in the metal industry, where the value of orders was 47.1 per cent higher than in the previous year. In the industry of the manufacture of paper and paper board products, orders grew from the previous year by 29.0 per cent and in the chemical industry by 12.4 per cent.
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 9/2020– 9/2021
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 2021, September. Statistics Finland
Inquiries: Petri Koivisto 029 551 3669, Jussi Haavisto 029 551 3341, volyymi.indeksi@stat.fi
Head of Department in charge: Katri Kaaja
Publication in pdf-format (258.5 kB)
Updated 10.11.2021
Statistics:
New orders in manufacturing [e-publication].
ISSN=1798-6737. September 2021. Helsinki: Statistics Finland [referred: 19.11.2024].
Access method: http://www.stat.fi/til/teul/2021/09/teul_2021_09_2021-11-10_tie_001_en.html