GUS: May saw a decline in value of new orders
15:30
In May 2024, there was a decline in the value of new orders across most sectors surveyed by the Central Statistical Office (GUS). The largest decreases were observed in companies specializing in the production of computers, electronic and optical products, and textiles, with drops of approximately 22% and 21%, respectively.
Year-over-year declines in new orders were also noted in the production of metals, electrical equipment, paper and paper products, other transport equipment, and motor vehicles, trailers, and semi-trailers, with reductions ranging from around 14% to 11%.
These decreases reflect a broad downturn in demand across various manufacturing sectors.