In November 2005, as compared to November 2004, an increase of 27 per cent was registered in the total industrial new orders index, the National Statistics Office said yesterday.

The domestic new orders index registered an increase of 50.9 per cent and an increase of 18.9 per cent 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 in, among others, in the manufacture of fabricated metal products, except machinery and the manufacture of motor vehicles, trailers and semi-trailers.

Drops of 66.8 per cent and 27.1 per cent respectively were recorded in the manufacture of machinery and equipment and the manufacture of textiles and textile products. Increases in new orders for domestic market were recorded, among others, in the manufacture of electrical machinery and apparatus and of chemicals and chemical products.

On the other hand, decreases were registered among others in the manufacture of textiles and textile products and manufacture of motor vehicles, trailers and semi-trailers 32.3 and 27.8 per cent respectively. With regard to export new orders, an increase took place in the manufacture of fabricated metal products, except machinery and in the manufacture of medical, precision and optical instruments, watches and clocks among others.

These were equivalent to 164.8 and 53.8 per cent respectively. The most pronounced drop occurred in the manufacture of machinery and equipment.

In November 2005, as compared to the previous month, total new orders registered the highest increase in the manufacture of motor vehicles, trailers and semi-trailers and the most significant decrease was recorded in the manufacture of textiles and textile products.

With regard to indices for domestic new orders, the manufacture of machinery and equipment registered the most significant increase and the manufacture of textiles and textile products registered the most important decrease.

In November the month on month change for the export industrial orders recorded a fall in almost all sectors excluding the manufacture of radio, television and communication equipment, the manufacture of other transport equipment and the manufacture of motor vehicles, trailers and semi-trailers registered no change.