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111h -- New orders in manufacturing (2015=100), 2005M01-2022M01

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Description of statistic
Concepts and definitions
Changes in these statistics
Industries belonging to manufacturing in new orders in manufacturing:13, 14, 20, 21, 24, 25, 26, 27, 28, 29 and 30


Trend series

It has generally been though that time series on economic trends are made up of different elements, or components:
1. Trend cycle (trend in brief) describes the long-term development and the movements caused by economic cycles in a time series.
2. Seasonal variation (caused by e.g. changes of season) describes annually recurring, almost regular changes.
3. As its name implies, irregular random variation occurs totally randomly. It cannot be included in the aforementioned components.
Seasonal adjustment means the

Annual change of the original index series, %

Alkuperäisen indeksipisteluvun muutos vuoden takaisesta prosentteina