The turnover in the industry, including both the domestic and foreign markets, decreased by 1.2%, between January 1 and February 28, 2025, compared to the period between January 1 and February 29, 2024, according to data published on Thursday by the National Institute of Statistics (INS). The turnover represents the volume of a company’s business, valued at market prices, respectively total receipts. The decrease in the turnover in the industry came as a result of the decline in the manufacturing industry by 1.9%, according to the INS.
In terms of major industrial groups, decreases were recorded in the energy industry (-13.3%) and the capital goods industry (-4.2%). In contrast, increases in turnover were recorded in the sectors: durable goods industry (+15.7%), consumer goods industry (+3.5%) and intermediate goods industry (+0.4%).
However, turnover in industry, on the domestic and foreign markets, increased in February of this year, in nominal terms, compared to January 2025 by 10.3%, data published by the INS also show. Overall, turnover in industry increased in February 2025 compared to the previous month, due to the growth recorded in the manufacturing industry (+10.6%) and in the extractive industry (+3.8%).
By major industrial groups, increases were recorded: the durable goods industry (+18%), the capital goods industry (+16.7%), the intermediate goods industry (+10.8%) and the consumer goods industry (+3.1%).
The energy industry decreased by 3.1%. According to the INS, net turnover (excluding VAT) is calculated by summing up invoiced revenues resulting from sales of goods, sales of goods, execution of works and provision of services, less rebates, discounts and other reductions granted to customers.