New orders in the Romanian manufacturing industry fell 3.9% compared with the previous month, and they were down 7.1% against February 2014.
New orders in the capital goods sector fell 6.7% on the month in February, consumer goods orders were down 1.1%, while intermediary good orders inched 0.5% lower. On the other hand, orders for durable goods still increased 0.9% compared with January.
Compared with February 2014, new orders for durable goods rose 22.3%, and demand for intermediary goods was up 6.2%. However, orders in the capital goods sector declined 14% on the year in February, while orders in the consumer goods industry went down 2.8%.
In the first two months of the year, orders in Romania’s manufacturing industry advanced 1.4% compared with the same period of 2014, helped mostly by growing demand for durable goods.