New orders in industry decreased again in January 2023

In January 2023, the value of new orders in industry decreased by 0.5% year-on-year and reached a volume¹⁾ of EUR 5.4 billion, month-on-month, after seasonal adjustment, new orders in industry decreased by 0.9% in January.²⁾

New orders dropped year-on-year for the second consecutive month, while in January 2023 their volume was lower in 7 of the 12 monitored sectors of industry.

Orders increased year-on-year the most in manufacture of other transport equipment, manufacture of basic pharmaceutical products and in manufacture of basic metals, except machinery and equipment. Orders decreased year-on-year mainly in manufacture and processing of metals, manufacture of paper and paper products, and in manufacture of chemicals and chemical products.