Investments in economy, higher in 2012

 Powered by Max Banner Ads 

According to INS, branches that saw a higher volume of investments are in industry and commerce / services.

The investments made in economy advanced last year by 12.3 pc to RON 75.574 bln current prices, after a 5 pc increase in Q4, the National Statistics Institute (INS) announced yesterday.“The investments made in new construction works during 2012 amounted to RON 35.880 RON, accounting for 47.5 pc of the total, compared to 49.5 pc in 2011. The investments in machines and means of transport amounted to RON 32,821.5 M, representing 43.4 pc of the total, compared to 40.8 pc in 2011. (…) The sectors that achieved a higher volume of investments are industry and commerce/services (wholesale and retail trade, repair of road vehicles),” reads a communiqué issued by the INS.In the fourth quarter, compared to the last three months of 2011, the net investments made in the national economy went up 5 pc, driven by machinery (including transport means, +15.9 pc) and other expenses (+11.2 pc). The structural element new construction works registered a decline of 6.7 pc.Compared to the 4th quarter of 2011, Q4 2012 brought a 4.5 pc increase of the share held by machinery (transport means included) in total investments, while other expenses went up 0.4 pc. The share held by investments in new construction works dropped by 4.9 pc.According to the National Bank of Romania, the foreign direct investments attracted by Romania dropped in 2012 for the 4th year in a row to EUR 1.6 bln, the reduction being of 11 pc compared to the EUR 1.8 bln registered in 2011.The same INS report reveals the fact that the prices of the Romanian industrial output increased in January, compared to the last month of 2012, by 1 pc, but decreased by 0.7 pc when it comes to the foreign market.“The prices of energy products were essential in the monthly evolution of the prices of industrial output. In January 2013, compared to the previous month, the prices of the industrial output significantly advanced in the category of energy products (4.9 pc). The prices of consumer goods increased by 0.4 pc. For the other major industrial categories, prices went down, with the most important being the decreases registered by the capital goods industry (-0.9 pc), followed by those of intermediary goods (-0.6 pc),” INS informs. Compared to January 2012, the prices of the industrial output were 5.7 pc higher, 1 per cent point under the increase registered on the local market and 1.9 per cent points above the evolution on the foreign market.