INS: Romania Industrial Sales Up 9% On Month In February

04.07.2014 By Bogdan Neagu

Romanian industrial sales rose 9% 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% on the month in February, but mining sales declined 1.7%, the data showed.

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

On an annual basis, industrial sales rose 11.5% in February, supported by a 12.1% increase in manufacturing sales.

In the first two months of the year, Romanian industrial sales rose 11.5% compared with the same period of 2013, again due to higher demand in the manufacturing industry.