In July 2005, as compared to July 2004, an overall drop of 7.5 per cent was registered in the total industrial new orders index.
The domestic new orders index registered an increase of 32.6 per cent. On the other hand a drop of 10.2 was recoded in the export new orders index.
The industrial new orders indicator is compiled with the objective of showing the development of demand for goods and services (which are directly linked to these products) as an indication of future production.
Increases were registered, among others, in the manufacture of textiles and textile products and electrical machinery and apparatus.
Drops of 39.6 per cent and 27.2 per cent respectively were recorded in the manufacture of wearing apparel and the manufacture of pulp, paper and paper products.
Increases in new orders for domestic market were recorded, among others, in the manufacture of textiles and textile products and of machinery and equipment.
On the other hand, decreases were registered among others in the manufacture of wearing apparel and manufacture of chemicals and chemical products 48.7 and 31.9 per cent respectively. With regard to export new orders, an increase in most NACE divisions was registered in the same period.
This took place in the manufacture of wearing apparel and in the manufacture of other transport equipment among others. The most pronounced drop occurred in the manufacture of pulp, paper and paper products.
Monthly changes
In July 2005, as compared to the previous month, total new orders registered a rise across most NACE divisions.
With regard to indices for domestic new orders, month/month percentage increases were recorded in most NACE divisions with the exception of the manufacture of textiles and textile products and manufacture of chemicals and chemical products.
This was equivalent to 1.3 and 6.5 respectively. Month/month new orders for export decreased, principally with regard to the manufacture of fabricated metal products, except machinery.
The manufacture of radio, television and communication equipment increased together with other NACE divisions.