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Romania's industrial sales up 5.4% y/y in Jan-Feb

Apr 17, 2024, 12:27:17 PMArticle by Razvan Timpescu
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April 17 (SeeNews) - Romania’s industrial sales rose by 5.4% year-on-year in the first two months of 2024, the statistical office, INS, said.

Romania's industrial sales up 5.4% y/y in Jan-Feb
Image source: Pixabay

Sales in the manufacturing sector saw a 7.1% annual increase in the two months through February, while sales in the mining sector fell by 25.2%, INS said in a press release on Wednesday.

Sales of capital goods increased by 10.6% on the year, while sales of durable and non-durable goods rose by 2.9% and 4%, respectively.

Sales of intermediate goods rose by 1.6% on the year in January–February, while energy sales climbed by an annual 4.8%.

In February alone, industrial sales increased by 8.2% on the year and 11.7% on the month.

In 2023, Romania’s industrial sales inched up by 0.7%.

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

Feb y/y Feb m/m Jan-Feb y/y
Total +8.2 +11.7 +5.4
-mining -17.6 +1.0 -25.2
-manufacturing +9.4 +12.1 +7.1

Source: INS

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