New orders for the Slovak industry increased for the third consecutive month
The value of new orders in industry1) in November 2024 increased by 5.1% year-on-year and reached the volume of EUR 5.76 billion. Year-on-year growth continued for the third consecutive month, and its dynamics slightly accelerated again. However, after seasonal adjustment, new orders in industry in November 2024 decreased by 4.9% compared to October 20242).
The year-on-year increase was evident in 5 of the 12 months monitored industrial sectors. Orders increased in manufacture of motor vehicles, semi-trailers and trailers, manufacture of textiles and also in manufacture of computer, electronic and optical products.
On the contrary, orders decreased year-on-year the most in manufacture of apparel, manufacture of other means of transport and in manufacture of machinery and equipment, n.e.c.