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 in industry rose by 2.7 percent and gross monthly salary grew by 7.2 percent y/y, the statistics office also stated.