New industrial orders in Slovakia surged 35.9 percent in April

The volume of new industrial orders in Slovakia continued increasing in April according to data from Slovakia’s Statistics Office which showed new industrial orders in April increasing by 35.9 percent to €2.782 billion, the SITA newswire reported. The April growth rate was 0.4 percentage points faster from March. After taking seasonal influences into account, the volume of new industrial orders in April remained unchanged from March.

The volume of new industrial orders in Slovakia continued increasing in April according to data from Slovakia’s Statistics Office which showed new industrial orders in April increasing by 35.9 percent to €2.782 billion, the SITA newswire reported. The April growth rate was 0.4 percentage points faster from March. After taking seasonal influences into account, the volume of new industrial orders in April remained unchanged from March.

The dominant industrial branches in particular were new orders in metal production and processing which rose considerably in yearly terms, going up 102.3 percent to €202.4 million. Other key sectors of Slovak industry reported an increase in the volume of orders. The production of transport means reported the highest upturn within industry of 236 percent.

In contrast, the clothing industry reported the highest drop in orders of 8.9 percent to €97.3 million. In monthly terms, the production of motor vehicles, semi-trailers and trailers posted a 2.7 percent increase in the volume of new orders, SITA wrote. They rose 2.3 percent in the production of metals and metal products while the sector of computer, electronic and optic products reported a decline of 1.9 percent.

In 2009, new industrial orders in Slovak industry fell 19.9 percent year-on-year to a level of €27.156 billion.

Source: SITA

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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