Romanian October Industrial New Orders -17.8% On Month
Romanian industrial new orders dropped 17.8% on the month in October, hit by falling demand across the board, the statistics institute INS said Wednesday.
New orders in the intermediate goods sector decreased 24.2% in October from a month earlier, while orders in the capital and consumer goods sectors declined 15.3% and 9.8% on the month, respectively.
Orders in the durable goods industry fell 2.2% on the month, the data showed.
In annual terms, Romanian industrial new orders inched up 1.1% in October, fueled by higher demand in most sectors.
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