In January, industrial output rose 10.1% over the same month last year, which was virtually unchanged from the 10.2% increase observed in December. According to the National Institute of Statistics, the increase came as a result of an improvement in manufacturing, while electricity as well as mining and quarrying rose at a slower pace compared to the previous month. On a month-on-month basis, industrial production rose 2.28%, which contrasted the revised 0.65% decrease recorded in December (previously reported: -1.14% month-on-month). In addition, annual average growth in industrial production rose from 7.9% in December to 8.3% in January. FocusEconomics Consensus Forecast panelists expect industrial production to expand 3.9% in 2014, which is unchanged from last month's estimate. The panel estimates that industrial output will increase 4.5% in 2015.
Industrial production growth stable in January
March 11, 2014
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Romania Industry Chart
Note: Year-on-year changes and annual average variation of industrial production index in %.
Source: National Institute of Statistics.
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.