AcasăEurope NewsTurnover in industry down 7.1% compared to December 2024 and 0.4% compared...

Turnover in industry down 7.1% compared to December 2024 and 0.4% compared to January 2024

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The turnover in industry, both for the domestic and foreign markets, decreased in January 2025, in nominal terms, by 7.1% compared to December 2024 and by 0.4% compared to January of the previous year, according to data the National Institute of Statistics (INS) published on Thursday.

The decline in turnover in January 2025 compared to the previous month was driven by decreases in the extractive industry (-7.6%) and the manufacturing industry (-7.1%).

Among the major industrial groups, decreases were recorded in the capital goods industry (-17.4%) and the consumer goods industry (-11.8%). Increases were recorded in the durable goods industry (+6.3%), the energy industry (+4.3%) and the intermediate goods industry (+4%).

The turnover in industry decreased in nominal terms in January 2025 compared to the corresponding month of the previous year by 0.4% as a result of the decrease in the manufacturing industry (-1%). The extractive industry grew by 16.3%.

Among the major industrial groups, decreases were recorded in the energy industry (-9.5%) and the capital goods industry (-6.5%). Increases were recorded in the durable goods industry (+15.2%), the consumer goods industry (+5.0%), and the intermediate goods industry (+3.8%).

According to INS, the net turnover (excluding VAT) is calculated by adding the revenues resulting from the sale of goods, merchandise sales, execution of works and provision of services, minus rebates, discounts and other reductions granted to customers. The following are not included in the turnover: the value of returned packaging after delivery; excise duties; subsidies received from public authorities or EU institutions; the sale of own land and fixed assets; rebates, discounts and other reductions granted to customers.

AGERPRES

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