Business News

Industrial Revenues Up, New Orders Down in March

Ljubljana, 20 May (STA) - Industrial revenues increased by 1% in March over February and were up 4.7% year-on-year. However the value of new orders fell by 3.9% compared to February, while still being up 6.9% on the yearly level, data from the Statistics Office show.

Revenues increased in mining and quarrying by 2.9% and in manufacturing by 1% in March, while they grew by 0.1% and 4.8% respectively over the same month a year earlier.

In the first three months, industrial revenues increased by almost 8% year-on-year; in mining and quarrying by 7.7% and in manufacturing by 8%.

On the monthly level, industrial revenues grew in capital goods (by 0.4%) and consumer goods (by 0.2%), while they decreased in intermediate goods (by 0.5%).

Year-on-year as well as in the first quarter of 2011 compared to the same period of 2010, revenues increased in all three groups.

Revenues increased by 1.3% on foreign markets in March over February, while they were down on domestic market (by 1.2%). Year-on-year, the revenues were higher both on the domestic and the foreign markets; by 2.1% and 5.7% respectively.

The value of new orders decreased by 3.9% in March, while it increased by 6.9% year-on-year. In the first quarter, the orders leaped 14.4% over the same period in 2010.

Compared to March last year, the value of new orders from the domestic market increased by almost 16% and from foreign markets by more than 5%.

You might be also interested in:


We are here to help you.