Romanian November Industrial New Orders Rise 5.7% On Month
Romanian industrial new orders rose 5.7% on the month in November 2011, on higher demand in most sectors, the statistics institute INS said Tuesday.
New orders in the intermediate goods sector increased 13.8% in November from a month earlier, while orders in the intermediate and consumer goods sectors rose 7.9% and 2.3% on the month, respectively.
Orders in the capital goods industry inched down 0.2% on the month, the data showed.
In annual terms, Romanian industrial new orders rose 9.2% in November, again fueled by increases in most sectors.
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