In September, industrial output plunged 4.0% over the same month last year, which followed the 1.3% increase observed in August. The contraction, the sharpest since August 2009, was partially due to a negative base effect as industrial production expanded a robust 5.6% in September last year. Compared to the previous month, however, industrial production added 0.6% in seasonally and working-day adjusted terms, which contrasted the revised 0.8% increase recorded in August (previously reported: -1.1% month-on-month). As a result of the annual contraction, annual average growth in industrial output fell from 1.2% in August to 0.4% in September.
Industrial production plunges in September
November 9, 2012
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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.