Manufacturing outweighs mining drop, brings industry up 2.7 pct

Newsroom 08/09/2015 | 16:17

During the first seven months of the year turnover in industry increased per total by 2.7 percent over the same period of 2014, due to rises in manufacturing (up 2.8 percent), show data from the National Institute for Statistics.

 

New orders in manufacturing overall rose by 3.9 percent, with all segments registering increases: consumer durables (20.4 percent), intermediate goods (5.4 percent), capital goods (2.8 percent) and consumer non-durables (1.1 percent).

There was a decrease in mining and quarrying of 2.0 percent, leading to a 19.3 percent turnover drop for the energy sector. However, the drop was covered by rises in turnover for the other industry sectors (capital goods – up 7.8 percent, durable goods – up 5.7 percent, intermediate goods – up 4.7 percent and non-durable goods – up 1.5 percent).

In July 2015 turnover in industry increased per total by 2.2 percent over the previous month due to rises in manufacturing (up 2.8 percent). There was a decrease in mining and quarrying of 17.3 percent.

For the same period, new orders in manufacturing rose by 1.8 percent compared to the previous month due to the increases recorded for consumer non-durables (up 4.3 percent) and capital goods (up 3.8 percent). Decreases were reported for consumer durables (down 4.0 percent) and intermediate goods (down 1.2 percent).

By main industrial groups, there were rises in the following sectors: energy (up 12.4 percent), non-durable goods (up 6.8 percent) and intermediate goods (up 0.8 percent). There were drops in capital goods (down 1.7 percent) and in durable goods (down 0.2 percent).

Year on year turnover in industry increased per total by 6.4 percent in July 2015. While manufacturing went up 6.9 percent, there was a decrease in mining and quarrying (down 11.5 percent).

New orders in manufacturing were up 13.3 percent from the same month of the previous year due to increases recorded for consumer durables (up 24.7 percent), capital goods (up 21.6 percent), consumer non-durables (up 4.7 percent) and intermediate goods (up 3.9 percent).

By main industrial groups, increases were registered in the following sectors: capital goods (up 11.9 percent), durable goods (up 9.4 percent), non-durable goods (up 6.7 percent) and intermediate goods (up 4.8 percent). There was a decrease of 6.9 percent in the energy industry.

Staff

 

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