Business News

Industrial Revenues Up 1.6% in December

Ljubljana, 22 February (STA) - Slovenian industrial revenues continued the slow recovery in December, up 1.6% compared to November and 6.9% year on year. New orders were down by 8.4% compared to a month before, but were still 8.7% above last year's figure, according to a report from the Statistics Office.

Overall, industrial revenues in 2009 were down 16.7% compared to 2008.

In December, Slovenian industrial companies saw their domestic sales edge up by 1.7% compared to the previous month, while on the foreign markets, the figure was up by 2.1%.

In a yearly comparison, the domestic revenues were down 1.9%, while on the foreign markets they increased by 14.2%.

The mining sector ended December 19.3% lower than a month before, while manufacturing wrapped up the month in the black, up 2%. Year on year, revenues in both mining and manufacturing were up, by 5.7% and 7%, respectively.

Compared to November, revenues in intermediate goods industries were down 1.9%, consumer goods industries shed 0.3% while in capital goods industries, revenues increased by 4.1%. In a yearly comparison, the revenues increased by 6.1%, 2.7% and 27.7%, respectively.

Compared to November, the value of new orders from the domestic market dropped by 4.2%, while orders from the non-domestic markets were down 9%. Year on year, the value of new orders was up 4.2% and 9.5%, respectively.

The overall value of orders received in 2009 was down 20.9% year on year.

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