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Finnish Manufacturing New Orders Growth Quickens In December

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Finland's value of new orders in manufacturing rose 15.4% year-on-year in December, the Statistics Finland said Friday. It follows 6.8% rise in November.

For the first time since summer 2008, new orders in manufacturing took a turn upwards in November, the statistical office said. In December, all main industries got on a growth track.

The strongest growth in the value of orders was seen in the metal industry where it was as high as 19.2%. In the chemical industry, orders went up by 13.7%. Orders grew by 8.4% in the manufacture of paper and paper products and by 1.4% in the textile industry.

In 2009 as a whole, new orders in manufacturing decreased 30.1% year-on-year.

(Market News Provided by RTTNews)

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