Romanian industry turnover up by 9.1 pct in January 2017 y/y

The turnover of the industry in Romania went up by 9.1 percent in January 2017, compared with January 2016, but it fell compared with December 2016, shows a release of the National Institute of Statistics (INS).

„The industry turnover dropped overall by 5.6 percent in January 2017 compared with January 2016, due to the decreases in the manufacturing industry, by 5.7 percent and the extractive industry by 3.3 percent. On the big industrial groups, decreases were recorded in the FMCG industry (-16 percent), energy industry (-14.1 percent), intermediary goods (-3.5 percent) and durable consumer goods (-1.6 percent). The capital goods industry went up by 1.1 percent,” says the release.

Compared with January 2016, the industry climbed overall 9.1 percent due to the increase in the manufacturing industry (10.2 percent). The turnover from the extractive industry went down by 17.5 percent.

„On industrial groups, there were increases in the capital goods industry (17.8 percent), energy industry (11.5 percent) and durable consumer goods (7.2 percent), as well as on FMCG (6 percent),” according to the source.