Business News


Industrial Revenues Down 2.3% in July

Ljubljana, 20 September (STA) - Industrial revenues in Slovenia in July were down 2.3% compared to June, but were however up 11.1% year-on-year. In the first seven months of 2010, revenues increased by 9.1% compared to the same period last year, the Statistics Office said on Monday.

Revenues decreased in July compared to June only in manufacturing, by 2.3%, while they increased in mining and quarrying by 1.9%.

In the January-July period, revenues were up 9.1% year-on-year in manufacturing and up 5.3% in mining and quarrying.

Sales revenues of Slovenian industrial companies decreased in July by 1.1% on the domestic market, and by 1.6% on foreign markets.

The total value of orders in industry in July decreased by 4.1% compared to June, while it was up 13.9% compared to July 2009.

According to the office, this is a result of foreign demand, which was up by 18.7%, while domestic demand decreased by 5.9%.

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