Value of new manufacturing orders drops 4.8%

The value of new orders in manufacturing was 4.8 per cent lower in June 2019 than twelve months earlier, according to Statistics Finland.

During January to June, orders grew by 1.1 per cent from the year before.

Enterprises received more orders than twelve months ago in June in the chemical industry, where orders increased by 12.2 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 6.0 per cent from one year and in the metal industry by 7.2 per cent.