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June 27, 2022

Industry turnover down 16 pc year-on-year

The total turnover of industry – local and foreign markets included – rose by 7.4 pc in June from May’s level, but lost 16.6 pc year-on-year and 17.2 pc during H1 2009, the National Statistics Institute (INS) reports. Compared to May, June’s turnover increase was driven by the positive evolution of processing and extractive branches. In terms of large industry segments, turnover increases were reported by capital goods (+14.2 pc), power industry (+11.1 pc), durables (+6.8 pc) and consumer goods (+4.8 pc). Compared to the same month of 2008, industrial turnover in June went down a total 16.6 pc because of the decline registered by the extractive (-18.1 pc) and processing (-16.5 pc) segments.

In terms of industry sectors, decreases were reported by the energy industry (-33.9 pc) and the industry segments producing intermediary goods (-26.6 pc), durables (-19.1 pc), consumer goods (-13.1 pc). The capital goods industry gained 6 pc. New orders in industry – coming from domestic and foreign markets – rose by 4.9 pc in June against May, but fell by 16.2 pc from June 2008’s level and by 21.1 pc in H1 2009. Reductions were reported by the industry sectors of intermediary goods, durables and consumer goods. In the capital goods industry, orders rose by 2.9 pc.

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