INS: Romania's April Industrial Sales -11.3% On Month, +12.5% On Year

06.06.2011 By Florentina Dragu

Romanian industrial sales fell 11.3% on the month in April, due to lower sales in all sectors, the country’s statistics institute INS said Monday.

A month earlier, industrial sales rose 17.7% compared with February.

Sales in the mining industry declined 16.3% on the month in April, while manufacturing sales were down 11.1%, the data showed.

By sector, sales in the capital goods industry fell 22.7% in April from a month earlier, while sales in the intermediate and durable goods industries decreased 9.4% and 8%, respectively.

Energy sales slid 6.1% on the month, while sales in the consumer goods industry were down 2.3%.

On an annual basis, industrial sales rose 12.5% in April, boosted by higher sales in all sectors.

In the January to April period, Romanian industrial sales advanced 21.3% from the year-earlier months, again fueled by growing sales in all sectors.