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New orders in industry, down 8.5 per cent in April

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New overall orders in industry on the domestic and foreign market went down in nominal terms in April this year both from the previous month, by 8.5 per cent, and from the corresponding month of the previous year, by 6.4 per cent, according to the data released by the National Institute of Statistics (INS) on Tuesday.

'The new orders in industry, in April 2014, compared with the previous month, went down 8.5 per cent, due to the decreases registered in the capital goods industry (-9.7 per cent), the convenience goods industry (-9.1 per cent), the intermediate goods industry (-6.8 per cent) and the consumer durables industry (-3.1 per cent).

The new orders in industry, in April 2014, compared with the corresponding months of the previous year, dropped 6.4 per cent overall, following the decline registered in the capital goods industry (-13.3 per cent). Increases were registered in the durables sector (+14.1 per cent), the convenience goods sector (+3.2 per cent) and the intermediate goods sector (+2.2 per cent),' the INS release points out.

In the first four months of this year, the new orders in industry went up 9.5 per cent, compared with the similar period of last year, due to the advances registered in the following industrial groups: the durable goods industry (+26.8 per cent), the convenience goods industry (+9.6 per cent), the capital goods industry (+9.1 per cent) and the intermediate goods industry (+9.0 per cent).

New orders in industry represent the value of the contracts in the reference month between a producer and a customer and are concerned with the supply of goods and services incumbent on the producer, regardless of the period when they are delivered. The orders value does not include the VAT, excises, price reductions, special offers and discounts granted at the time of order and the value of the packages returned after delivery.

 

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