Polish industrial new orders' growth decelerates to 8.6% y/y in May

By bne IntelliNews June 27, 2014

Industrial new orders in Poland increased by 8.6% y/y in May of 2014 after rising by 21.1% y/y a month earlier, according to national stats office GUS. In monthly terms, new orders fell by 18.1% in April.

Thus, the orders rose for the fifth 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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