Business News

Industrial Revenues Down in October, New Orders Up

Ljubljana, 20 December (STA) - Industrial revenues in Slovenia decreased by 1% in October over the month before, but they were still 6% higher year-on-year. New orders rose 2.6% on September and 4.5% over the year before, the Statistics Office said on Monday.

In October, revenues increased 1.7% in mining and quarrying, but were lower 0.7% in manufacturing. In the year-on-year comparison they were up 19.3% and 6.2% respectively.

Broken down by the main industrial groupings, revenues were up 2.6% in intermediate goods industries and 1.8% in capital goods industries. Consumer goods industries however registered 0.4% lower revenues.

Domestic industrial revenues were 1.6% higher in October and revenues on foreign markets were down 0.8%.

Demand grew over the previous month on both the domestic and foreign markets - by 6.6% and 1.9% respectively.

Compared to October 2009, demand increased by 4.5%, with a 3.2% growth on the domestic market and a 4.7% growth on foreign markets.

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