Industry with 8.4% more orders y/y in April, productivity increases

New orders for industrial production grew by 8.4 percent year-on-year in April, after a drop of 16.2 percent y/y recorded in March, GUS stated. In monthly terms, orders dropped by 4.0 percent in April, compared to a 5.5 percent increase m/m in March. Industrial labor productivity in January-April increased by 3.6 percent y/y, while employment…

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