7.3 C
Bucharest
February 3, 2023
BUSINESS

INS: Industrial production, up 7%, in first ten months in 2014

Industrial production rose, in the first ten months of this year, compared to the same period in 2013 by 7% in unadjusted terms and by 8% in terms adjusted to the number of working days and seasonality, show the data released  by the National Statistics Institute (INS).
According to the INS, from January 1 to October 31, 2014, compared to the same period of last year, industrial production (unadjusted terms) was by 7.0% higher, due to the growth seen by the processing industry, by 8.4%, and the mining industry, by 1.0%. The generation and supply of electricity and thermal energy, natural gas, hot water and air conditioning decreased by 4.2%.
By main industrial groups, increases were recorded by most categories of goods: capital goods industry (12.7%), durables goods industry (9.0%), intermediate goods industry (4.4%) and consumer goods industry (4.2%). Energy industry went down by 2.0%.
Industrial production in terms adjusted to the number of working days and seasonality, in the first ten months of the year, compared to the period January 1 to October 31, 2013, went up by 8.0% due to growth of the processing industry by 9.5%, and the mining industry by 1.2%. The generation and supply of electricity and thermal energy, natural gas, hot water and air conditioning decreased by 3.7%.
By main industrial groups, increases were recorded in: capital goods industry (13.6%), durables industry (10.3%), intermediate goods industry (5.4%) and consumer goods industry (5.2%). Energy industry decreased by 1.7%.
According to the INS, in October 2014, industrial production (unadjusted terms) increased compared to the previous month by 5.1%, backed by three industrial sectors: generation and supply of electricity and thermal energy, natural gas, hot water and air conditioning (+11.7%), mining industry (+8.2%) and processing industry (+4.4%).
By main industrial groups, the following advances were seen: durable goods industry (10.5%), consumer goods industry (9.2%), energy industry (9.0%), intermediate goods industry (3. 4%) and capital goods one (2.7%).
The INS data also show that, in October 2014, industrial production (unadjusted terms) increased compared to the same month of the previous year by 3.7%, backed by the growth of the processing industry (5.0%) and mining industry (4. 9%). The generation and supply of electricity and thermal energy, natural gas, hot water and air conditioning decreased by 9.6%.

 

Related posts

NEWS IN BRIEF

Test

PwC study: Romania’s coffee market reaches 420 million euros in 2014

Nine O' Clock

Alcatel-Lucent to cut 10,000 jobs

Nine O' Clock