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The energy industry has seen an advance in turnover of almost 19% in the first ten months of the year (+ 18.7%), according to the National Institute of Statistics (INS), and not because of the coal industry. The turnover in industry increased overall by 8.6% during 1st of January -31st of October,2014, as against 1st of January – 31 October, 2013, because of the increases in manufacturing (+ 8.6%) and mining (+ 6.7%), according to the INS.
By main industry groups, the growth of turnover was posted by all sectors: energy industry (+18.7%), consumer durables (+13.1%), capital goods industry (+8.8%), intermediate goods (+8.1%) and durable consumer goods industry (+4.5%).
Exploitation of resources rose by 6.7%, mainly due to increased oil and gas extraction (+18.6%). During this period the coal industry suffered a setback of 48%. The extraction of metal ores decreased to 95.5% of the first 10 months of 2013. There is an increase of 8.7% in extraction-associated services.
In monthly reporting, October recorded a turnover in the industry almost constant compared to September, based on advances in extraction, of 5.2%. By main industrial groups, in the energy industry was recorded a decrease (-12.1%).
The increase in October 2014, compared with the same month last year, was due to the increase in manufacturing (+ 5.7%), while the extractive industry dynamics remained constant. In October there was a seasonal increase in coal mining by 30% over September 2014, however without touching the October 2013 level (only 87%). Also seasonal seems the increase in production of hydrocarbons in October by 5.8% from the previous month, but it remains almost constant compared to October 2013 (-1%).
By main industry groups, the turnover increases were registered in durable goods industry (+17.0%), capital goods industry (+8.6%), consumer durables (+5.3%) and intermediary goods (+ 4.2%). Energy industry fell by 4.9%.
