Industrial new orders in Poland increased by 12.5% y/y in February of 2014 after rising by 6.5% y/y a month earlier, according to national stats office GUS. In monthly terms, new orders declined by 4.7% in February.
Thus, the ratio rose for the second time in a row after two months of declines that followed five months of growth.
The new orders index measures the value of future deliveries of products and services (which are directly linked to these products) to be provided by a producer to a third party on the domestic and non-domestic market.
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