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New orders in industry in February 2024
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New orders in industry in February 2024

Last update: 16.04.2024
Ilustratívny obrázok/Illustrative image
Publisher: Statistical Office of the SR
Topic: Sectoral statistics
Domain: Industry
Publish Date: 16.04.2024

Orders in industry continued decreasing year-on-year

The value of new orders in industry in February 2024 decreased by 6.8% year-on-year and reached a volume of EUR 5.51 billion. After seasonal adjustment, new orders increased by 2.4% month-on-month.1)

The Statistical Office of the SR points out that starting from the data for January 2024, all values of monthly and yearly indices for the monitored sectors have been recalculated due to methodological adjustments – transition to a new base period  (from 2015 to 2021) and application of a concept of kind-of-activity units2). The change affects all monthly indicators of sectoral statistics.

The volume of new orders in industry in the second month of 2024 decreased in 8 of the 12 monitored industrial sectors.

Orders decreased significantly year-on-year, especially in manufacture of apparel,  manufacture of chemicals and chemical products, and in manufacture of computer, electronic and optical products. Orders rose the most year-on-year in manufacture of basic pharmaceutical products and pharmaceutical preparations, manufacture and processing of metals, and manufacture of electrical equipment.

  • 1) data are seasonally adjusted by the programme JDEMETRA+ and during the processing of each month they are re-adjusted from the beginning of time series.
  • 2) absolute data are collected for selected divisions according to SK NACE Rev. 2 at current prices, indices are calculated from data at constant prices (December 2021 = 100)
  • Data source-DATAcube. Database

  • New orders in industry according to NACE Rev. 2 - monthly [pm0059ms]
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  • Statistical Office of the SR
  • Lamačská cesta 3/C
  • 840 05 Bratislava 45
  • Slovak Republic
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  • +421 2 50 236 335
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