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Published: 10 March 2022

New orders in manufacturing grew by 24.9 per cent year-on-year in January

According to Statistics Finland, the value of new orders in manufacturing was 24.9 per cent higher in January 2022 than twelve months earlier. Orders have grown continuously for 12 months.

Annual change in new orders in manufacturing (original series), % (TOL2008)

Annual change in new orders in manufacturing (original series), % (TOL2008)

New orders grew in January most in the metal industry, where the value of orders was 38.8 per cent higher than in the previous year. In the industry of the manufacture of paper and paper board products, orders grew by 6.8 per cent from the previous year. In the chemical industry, new orders decreased by 4.0 per cent from one year back.

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 1/2021–1/2022

Change in new orders in manufacturing 1/2021–1/2022

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 2022, January. 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 (256.5 kB)

Tables

Appendix tables

Figures

Updated 10.03.2022

Referencing instructions:

Statistics: New orders in manufacturing [e-publication].
ISSN=1798-6737. January 2022. Helsinki: Statistics Finland [referred: 7.8.2022].
Access method: http://www.stat.fi/til/teul/2022/01/teul_2022_01_2022-03-10_tie_001_en.html