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Slovak Industrial Order Growth Eases In February

New orders received by Slovak industries increased at a slightly slower rate in February, data released by the Statistical Office of the Slovak Republic showed Thursday.

Industrial new orders increased 10.6 percent on an annual basis in February, slightly slower than the 10.9 percent growth seen in January.

On a monthly basis, new orders rose 0.6 percent during the month, following the previous month's 4.3 percent increase. In the January-February period, orders advanced 10.8 percent from the same period a year earlier.

Separately, the agency said industrial turnover in Slovakia advanced 10.4 percent year-on-year in February, faster than the previous month's 7.3 percent growth.

Turnover in the mining and quarrying industry climbed 10.4 percent annually, while manufacturing production rose 11 percent.

by RTTNews Staff Writer

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