Industrial sales and orders up in February

Newsroom 07/04/2014 | 12:31

Romanian industrial sales rose 9 percent in February from the previous month despite a decrease in mining sales, the country’s statistics institute INS said Monday. Manufacturing sales were up 9.4 percent on the month in February, but mining sales dropped 1.7 percent, statistics show.

By segment, sales of intermediate goods increased 12.9 percent in February compared to January 2014, while sales of capital goods went up 11.9 percent. Durable good sales were 4.7 percent higher compared to the previous month, while sales of energy products and consumer goods were up 4.3 percent and 2.2 percent respectively.

Compared to the similar period in 2013, industrial sales rose 11.5 percent in February, supported by a 12.1 percent increase in manufacturing sales. Mining sales fell 4.2 percent year-on-year in February.

In the first two months of the year, Romanian industrial sales rose 11.5 percent year on year, again due to higher demand in the manufacturing industry.

Industrial new orders rose 15 percent on the month in February, on higher demand in all sectors, and were up 20.4 percent against the same period a year before. In annual terms, Romanian industrial new orders rose 20.4 percent in February, the data showed.

In the first two months of 2014, Romanian industrial orders rose 14.7% on the year, helped by rising demand in all sectors.

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