In November, industrial output expanded 4.3% over the same month the previous year, which was above the 4.0% expansion observed in October. The reading was entirely driven by stronger energy supply production, whereas manufacturing decelerated and only mining contracted over the previous month. A month-on-month comparison corroborates the improvement suggested by the annual figures. In November, industrial production rose 0.3% in seasonally and working-day adjusted terms over the previous month, contrasting the 0.1% drop seen in October. In spite of the increase, annual average growth in industrial production eased from 6.9% in October to 6.6% in November. The government expects the economy to grow between 1.5% to 2.0% this year.
Industrial production picks up in November
January 10, 2012
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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.