In June, industrial output grew only 1.1% over the same month the previous year. The reading represented a strong deceleration over May's 7.5% expansion, owing to slower demand for manufactured products. A month-on-month comparison reflects an even deeper deceleration than suggested by the annual figures. In June, industrial production contracted a seasonally and working-day adjusted 2.2% over the previous month, contrasting to the 0.5% increase in May. As a result, annual average growth in industrial output fell from 7.0% in May to 6.4% in June. The government expects the economy to return to positive growth this year, expanding 1.5% in 2011, before accelerating to 4.5% in 2012.
Industrial production decelerates sharply in June
August 8, 2011
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Romania Economic News
October 12, 2016
Industrial output expanded 5.3% in August from the same month last year, which was the fastest expansion in one year.
October 11, 2016
In September, consumer prices inched down 0.1% from the previous month, contrasting August’s 0.1% expansion.
September 14, 2016
Industrial output contracted 3.4% in July over the same month last year, which was the fastest contraction rate in almost seven years and contrasted the 1.1% expansion recorded in June.
September 9, 2016
In August, consumer prices inched up 0.1% over the previous month, rebounding from July’s 0.2% contraction.
September 6, 2016
In second quarter of 2016, the economy expanded 6.0% over the same period of the previous year, the fastest rate of growth since Q3 2008, according to detailed data released on 6 September.