Romanian Industrial Orders Fall In December, Turnover Rises

Romania's industrial new orders decreased from last year in December, data released by the National Institute of Statistics showed Wednesday.

New orders in the industrial sector decreased 1.8 percent on an annual basis in December, driven mainly by a 10.2 percent fall in orders received by the capital goods industry.

Meanwhile, new orders of durable consumer goods and intermediate goods increased by 9.5 percent and 8 percent respectively during the month.

Month-on-month, new orders fell 8.9 percent during the month. In the year 2011, meanwhile, industrial orders increased 13.4 percent from the previous year.

Separately, the agency said industrial turnover in Romania increased 4.3 percent year-on-year in December. On a monthly basis, turnover declined 10.2 percent during the month. In 2011, turnover climbed 15.6 percent from the previous year, the agency said.

Published: 2012-02-08 08:01:00 UTC+00 3 months, 2 weeks, 6 min. ago

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