ECONOMY INDUSTRY

New orders in manufacturing industry go up 24.6 in May

New orders in the manufacturing industry (internal plus external market) in nominal terms increased in May 2017 both against the previous month, 16.3 percent, and from the corresponding months of the year before, 24.6 percent, according to a National Institute of Statistics (INS) release on Tuesday.

Thus, new orders in the manufacturing industry in May 2017, compared to the previous month went up 16.3 percent, following the increases registered in the durable goods industry (+19.0 percent), the current goods industry and the intermediate goods industry (+18.3 percent each) and the capital goods industry (+14.6 percent).

According to the INS, new orders in the manufacturing industry in May 2017 compared to the same month of 2016 increased 24.6 percent, following advances witnessed in the intermediate goods industry (+25.5 percent), the capital goods industry (+25.4 percent), the durable goods industry (+24.7 percent) and the current goods industry (+16.5 percent).

Moreover, new orders in the manufacturing industry, in the period 1 January – 31 May 2017, compared to the period 1 January – 31 May 2016, advanced overall 13.5 percent, due to increases registered in the durable goods industry (+18.9 percent), the intermediate goods industry (+17.2 percent), the capital goods industry (+12.5 percent) and the current goods industry (+4.7 percent).

 

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