70147
Finland Factory Orders Leap  by 20 Percent
Finland Factory Orders Leap  by 20 Percent

Finland Factory Orders Leap by 20 Percent

Finland Factory Orders Leap by 20 Percent

In another sign of Finland’s long-awaited economic recovery, manufacturing orders rose by one fifth from January to June, compared with a year earlier. The metal industry is staging a particularly strong comeback, according to June data released by Statistics Finland on Thursday, yle.fi reported. That month its order books were worth 16.6% more than in mid-2016. The chemical sector also surged in June, up 11.3%. However the paper and textile industries saw declines of 1.4 and 3.4% respectively. Overall, the value of new industrial orders in June rose by 11.9% year-on-year. The figures include orders for commodities and services to be produced within Finland’s borders. The central statistics office points out that order data can show dramatic monthly fluctuations as major orders are only counted during the month they are announced. These include, for instance, two multi-billion-euro contracts landed in May by the Turku and Helsinki shipyards.

Short URL : https://goo.gl/7Ve3C1
  1. https://goo.gl/5nkExw
  • https://goo.gl/sPZ6C4
  • https://goo.gl/BL1XFb
  • https://goo.gl/w1D7kF
  • https://goo.gl/SrZ1Pq

You can also read ...

Malaysia Economy Set to Grow
Malaysia’s economy is set to grow this year with gross...
The high resolution MRI, CT, and sonogram images underpin advances in medical diagnosis.
The growth in labor productivity – real output per hour worked...
Growth is forecast at 2.2% in 2017, down from  a previous projection of 2.8%.
UAE’s real GDP growth will slow in 2017, owing to oil...
EU heavyweights France, Germany and Italy argue that there is growing evidence of discrimination, especially by state owned companies and a determined Chinese strategy to secure the most modern European technologies in key industrial sectors.
Both Brussels and Washington are taking steps to force China...
Based on the index  gas, fuels, water and housing, especially  sub-indexes, declined by 2.4% year on year in July.
Subdued demand due to cash shortages in Zimbabwe has resulted...
German Investor Morale Slumps
German investor confidence fell sharply in August, amid...
Pak Current A/C Deficit Widens
Pakistan posted a glaringly high current account deficit of $2...
The surge in European stocks pushed up the MSCI world equity index.
European stocks broke a three-day losing streak on Tuesday,...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus