Finland's industrial new orders surged by 37.7% in December compared to the previous year, primarily driven by substantial orders in the metal industry, although further details on order distribution remain unavailable.
In December, the value of new industrial orders in Finland experienced a significant increase of 37.7% compared to the same time last year, according to Statistics Finland. This remarkable growth can largely be attributed to a few large orders within the metal industry, which has witnessed a notable uptick. However, detailed distribution information regarding these orders is not being disclosed at this time, as it requires the consent of the clients involved.
The metal industry reported an even more striking increase, with new orders being 54.0% higher than one year ago. This highlights a robust performance in this sector, and attention is now turning to the maritime industry, which has announced several new large orders over the past autumn. However, the process of officially recording these orders in the statistics may often take longer due to the complexities of finalizing all related aspects.
While the chemical industry saw a modest 3.2% increase in new orders, the paper and paper products manufacturing sector faced a decline of 9.5% compared to the previous year. These varying trends across different areas of the industry suggest a mixed economic landscape that may impact future production and economic policies in Finland.
