New orders in industry down in VI
19:34
New orders in the industry in dropped by 4.8 percent in June 2019 after an increase of 18.3 percent y/y in May 2019, the Central Statistical Office (GUS) reported. In monthly terms orders fell in June by 7.5 percent, after an increase of 0.5 percent a month earlier. The indicator of new orders in the industry is used to assess future production.
Another industry factors are comfort since the beginning of the year. Labor productivity in industry increased by 2.8 percent in the period January-June 2019 in annual terms with a 2.2 percent growth of employment and a surge in the average monthly salary by 6.7 percent, GUS provided.
(PAP)
