Industrial turnover on the rise
Posted on September 22nd, 2011
In the second quarter this year, provisional data published Thursday by the NSO indicate that industrial turnover rose by 2.2 per cent while manufacturing new orders decreased by 2.6 per cent over the corresponding quarter of 2010.
This happened primarily as a result of increases of 4.8 per cent in energy and of 10.5 per cent in capital goods.
In the second quarter of 2011, new orders for manufacturing industries declined by 2.6 per cent over the corresponding period of 2010. This was mainly attributable to decreases of 1.7 and 14.6 per cent with regard to new orders for intermediate and consumer goods respectively. In contrast, new orders for capital goods rose by 10.1 per cent.
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