The drop in new orders in industry did not stop even in April, although the year-on-year decline slowed slightly
After seasonal adjustment, new orders in industry increased by 0.4% month-on-month in April 2022.1)
At the year-on-year level, orders were lower by 7% and in April 2022 reaching a volume2) EUR 5.03 billion. Companies in manufacture of motor vehicles continued to struggle with a drop in volume by more than 10%, and there was a drop in companies in manufacture of computer products by even more than 20%. On the contrary, companies in manufacture of clothing and electrical equipment recorded a significantly higher volume of orders than a year ago.