Romania October Indus Sales Fall 5.5% On Month
Romanian industrial sales fell 5.5% on the month in October, on declining demand in the manufacturing sector, the country’s statistics institute INS said Wednesday.
Manufacturing sales decreased 5.9% in October from a month earlier, but mining sales were up 4.8%, the data showed.
By sector, energy sales fell 7.8% on the month in October, while sales in the intermediate goods industry declined 6.2% on the month. Capital goods sales were down 5.6% in October from a month earlier, while sales in the consumer goods industry decreased 2.6%.
On an annual basis, industrial sales rose 14.7% in October, boosted by higher sales in all sectors. Manufacturing sales were up 14.8% on the year, while sales in the mining sector grew by 10.4%.
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