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PM Ponta: INS shows net investments increased 3pct in Q4 2014
Prime Minister Victor Ponta on Thursday said that the data of the National Institute of Statistics (INS) confirm the increasing trend of investments in the Romanian economy, showing, in this respect, that, according to the INS, the net investments advanced 3 per cent in the fourth quarter of 2014, mostly due to the construction works.
"A good piece of news! According to the INS, in the fourth quarter of 2014 the net investments grew 3 per cent, especially due to the construction works," the Prime Minister wrote on his Twitter page.
Net investments in national economy dropped 3.1 per cent in 2014 against 2013, down to 65.598 billion lei (current prices), with an increase of 3 per cent recorded in the last quarter of the year, compared with the same period of 2013, the National Institute of Statistics (INS) informs in a release.
Last year, investments in new construction works totaled 30.666 million lei, representing 46.8 of the total investments, compared with 47.1 per cent in 2013, while investments in tools and equipment, and also transport means stood at 26.782 billion lei, representing 40.8 per cent of the total investments, compared with 42.1 per cent in 2013.
Net investments in Romania's economy climbed 3 per cent in the fourth quarter of last year, compared with 2013, totaling 23.056 billion lei (current prices). The growth mainly relied on the growths recorded in the new construction works and equipment (including transport means) sectors, by 6.6 per cent and 0.3 per cent respectively. In terms of other expenditures, there was a decrease by 1.4 per cent.
Net investments in new construction works went up 1.2 percentage points (including transport means) in Q4 2014 against Q4 2013. The weight of net investments in tools and equipment (including transport means) dropped 1.2 per cent.
According to the INS, the data are the result of statistical research conducted on a quarterly basis based on short-term indicators in industry, constructions and services for economic operators and also of the research conducted on the investments made in such operators in agriculture, banks, insurance and budgetary sectors (public administration, education, health and social security)