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Romania's industrial sales inch up 0.7% in 2023

Feb 15, 2024, 11:23:04 AMArticle by Bogdan Todasca
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February 15 (SeeNews) - Romania’s industrial sales edged up by 0.7% year-on-year in 2023, the statistical office, INS, said on Thursday.

Romania's industrial sales inch up 0.7% in 2023
Source: pixabay.com - jannonivergall

Sales in the manufacturing sector saw a 1.4% annual increase in 2023, while sales in the mining sector fell by 14.3%, INS said in a press release.

Sales of capital goods increased by 8.8% on the year, while sales of non-durable and durable goods rose by 7.8% and 0.6%, respectively.

Sales of intermediate goods fell by 4% on the year in 2023, while energy sales dropped by an annual 23.4%.

In December alone, industrial sales decreased by 4% on the year and fell 15.7% on the month.

In 2022, Romania’s industrial sales rose by 24.5%, with sales in mining and manufacturing soaring by 77.6% and 22.8%, respectively.

Romania’s industrial sales, breakdown by sector (percentage change):

Dec y/y Dec m/m 2023 y/y
Total -4% -15.7% +0.7%
-mining -15.0% -9.0% -14.3%
-manufacturing -3.5% -15.9% +1.4%

Source: INS

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