BUSINESS

New orders in industry up 8.8 pc in H1


New orders in industry surged 8.8 percent January through June this year, compared with the same interval last year, according to data released yesterday by the National Institute of Statistics (INS). The improvement was triggered by the growth recorded in the capital goods industry (plus 23.1 percent), consumer goods industry (plus 4.7 percent) and the durable goods industry (plus 2.5 percent). The intermediary goods industry dropped 8.1 percent. In June 2013, new orders in industry on both domestic and foreign markets dropped 0.7 percent in nominal terms compared with the previous month, but gained 9.4 percent compared with the same month a year before. Compared with May 2013, in June new orders in industry dropped mainly because of the durable goods industry (minus 3.6 percent) and the intermediary goods industry (minus 3.5 percent). The consumer goods industry went up 5.3 percent and the capital goods industry stayed unchanged. The same INS reveals that the overall turnover in industry (domestic and foreign market) advanced 5.4 percent in the first six months of this year, in nominal terms, compared with the same period of last year. This growth was mainly owed to the evolution in the processing industry (+5.7 percent). At the same time, the mining industry declined 2.9 percent. Compared with June 2012, the increases in the month of June this year were determined by those in the processing industry (+7.2 percent), while the mining industry registered a 5.0 percent decline.

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