Home » economy » news

Industrial turnover index up 10.9% after current year's three quarters
10 November 2017, 4:25 PM


By Emea Riga

Overall (domestic and foreign market), industrial turnover went up 10.9 percent in the first nine months of this year as compared to the same period last year, due to the advance recorded in the mining industry (+15.3 percent) and the manufacturing industry (+10.8 percent), according to National Institute of Statistics (INS) data released on Friday.
By large industrial groups, turnover increases were registered in the following sectors: the energy industry (+19.9 percent), the capital goods industry (+15.8 percent), the intermediate goods industry (+9 percent), the durable goods industry (+7.9 percent) and the current goods industry (+5.2 percent).
According to the INS data, in September 2017, the overall (domestic and foreign markets) industrial turnover, in nominal terms, increased as compared to the previous month by 9.4 pct, following the increases in the manufacturing industry (+9.4 pct) and in the mining industry (+6.6 pct).
Moreover, by large industrial groups, turnover increases were registered in: the capital goods industry (+22.1 percent), the durable goods industry (+8.9 percent) and the intermediate goods industry (+8.3 percent), while declines were seen in the energy industry (-6.8 percent) and the current goods industry (-0.4 percent).
The turnover in industry in September 2017 against September 2016 advanced overall 11.8 percent, based on growth registered in the mining industry (+28.5 percent) and the manufacturing industry (+11.5 percent).
By large industrial groups, turnover increases were registered in the following sectors: the energy industry (+62.4 percent), the capital goods industry (+12.1 percent), the current intermediate goods industry (+11.9 percent), the durable goods industry (+7.6 percent) and the current goods industry (+3.0 percent).
The INS data specify that the turnover value stands for the overall revenues recorded by the company in the reference interval, both form the main activity and the secondary activities. Turnover doesn't include the Value Added Tax (VAT) and the revenues from the sales or transfer of fixed assets.

: 0 : : 0.0/0 Tags: ins, Index, VAT, industrial turnover, National Institute of Statistics
Total comments: 0
avatar
Contact
The Romanian Business Journal
Constantin Radut
Editor in Chief
031726 Bucharest, Romania

+40 725 511 887 office.rbjournal@gmail.com www.rbj.ucoz.ro
Mirum