Romania industrial new orders up by 33.1% y/y in Jan-Feb.

By bne IntelliNews April 7, 2011
Romania's industrial new orders surged by 33.1% y/y in the first two months of 2011, the statistics office reported. The increase stemmed from growth in all industrial groups: intermediary goods (42.4% y/y), capital goods (31.9% y/y), durables (23.5% y/y) and consumer goods (9.7% y/y). In February alone, the industrial new orders increased by 24.5% y/y on rising new orders in intermediary goods (35.9% y/y), capital goods (21.3% y/y), durables (17.8% y/y), and consumer goods (8.8% y/y). On a monthly basis, the indicator narrowed by 16.1 m/m due to falling new orders in intermediary goods (down by 34.2% m/m) and capital goods (down by 2.4% m/m). Rising industrial new order were registered in durables (14.9% m/m) and consumer goods (5.9% m/m).

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