New orders in the manufacturing industry increased in nominal terms, overall, by 1.2% in the first seven months of this year, compared to the corresponding period last year, on account of the advance recorded in the capital goods industry (+5.3%), the National Institute of Statistics (INS) announced on Tuesday.

Decreases were recorded by the current goods industry (-4.5%), the durable goods industry (-4.3%) and the intermediate goods industry (-4.2%).

In July, new orders in manufacturing increased in nominal terms by 0.4% compared with June, owing to increases in intermediate goods industry (+2.5%), durable goods industry (+1.7%) and capital goods industry (+1%). The capital goods industry fell by 0.8%.

New orders in manufacturing rose, in nominal terms, by 7.5% in July 2024 compared with July 2023, on account of increases in the capital goods industry (+12.8%), the durable goods industry (+4.1%) and the consumer goods industry (+2.8%). The intermediate goods industry dropped by 0.1%.

New orders in the manufacturing industry represent the value of contracts concluded in the reference month between a producer and a customer and relate to the deliveries of goods and services related to the producer, regardless of the period in which they are to be honored. It does not include product-related taxes (such as VAT), rebates and discounts, when these are granted contractually, the INS said.

AGERPRES