Wholesale turnover in Romania sees 6.5 pct annual advance in Nov 2015

According to recent data released by the National Institute for Statistics (INS), November 2015 brought a 6.5 percent hike in wholesale turnover (adjusted series) compared to the same month of the previous year. Gross series also indicated growth, at 6.8 percent.

The adjusted numbers’ positive result was supported by the wholesale of information and communication equipment (up 15.5 percent), non-specialised wholesale (up 14.7 percent), food, beverages and tobacco (up 10.8 percent), intermediation activities (up 4.2 percent), other specialised wholesale (up 3.6 percent) and the wholesale of household goods, other than food (up 2.2 percent). Drops were registered in the wholesale of other machinery, equipment and supplies (5.5 percent) and the wholesale of agricultural raw materials and live animals (0.1 percent).

Gross series results were similar, with increases in the wholesale of information and communication equipment (23.5 percent), the non-specialised wholesale (21.1 percent), the wholesale of food, beverages and tobacco (11.3 percent), the wholesale intermediation activities (7.4 percent), the wholesale of household goods, other than food (3.3 percent), other specialised wholesale (2.2 percent) and the wholesale of other machinery, equipment and supplies (1.7 percent). The wholesale of agricultural raw materials and live animals decreased by 5.2 percent.

When compared to the previous month, adjusted series indicated a 0.6 percent increase in wholesale turnover in November 2015, while gross series showed a 5.5 percent drop.

Looking at results adjusted by number of working days and seasonality, increments were registered by the wholesale intermediation activities (3.7 percent), by the non-specialised wholesale (3.4 percent), by the wholesale of other machinery, equipment and supplies (3.2 percent), by the other specialised wholesale (1.5 percent) and by the wholesale of household goods, other than food (0.7 percent). Decreases were registered by the wholesale of agricultural raw materials and live animals (7.2 percent), by the wholesale of food, beverages and tobacco (1.5 percent) and by the wholesale of information and communication equipment (0.7 percent).

As gross series, the total change was due to drops registered by the wholesale of agricultural raw materials and live animals (29 percent), other specialised wholesale (12.1 percent), the wholesale of food, beverages and tobacco (4.6 percent) and by the wholesale intermediation activities (1.7 percent). Increases were registered in information and communication equipment (14.9 percent), the wholesale of other machinery, equipment and supplies (5.3 percent), non-specialised wholesale (3.2 percent) and the wholesale of household goods, other than food (0.6 percent).

In the first 11 months of 2015, wholesale turnover presented increases both as adjusted and as gross series, of 3.3 percent and 3.4 percent, respectively.