Industry in Romania

Romania Industry | Economic News & Forecasts

Romania - Industry

Industrial output grows in February

Industrial output increased 0.6% compared to the same month a year earlier in February, following January's 0.4%. The upturn largely reflected growth in manufacturing that offset contractions in mining and quarrying and electricity, gas, steam and air conditioning supply production.

On a seasonally-adjusted monthly basis, industrial production fell 1.0% in February (January: +1.8% mom). Meanwhile, annual average industrial production growth rose to 7.5% in February (January: +7.4%).

FocusEconomics Consensus Forecast panelists expect industrial output to expand 2.7% in 2022, which is down 0.1 percentage points from last month’s estimate. In 2023, the panel expects industrial output to increase 4.1%.

Romania - Industry Data

2015   2016   2017   2018   2019  
Industrial Production (annual variation in %)2.8  1.8  7.8  3.5  -3.3  

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Romania Industry Chart

Romania Industry
Note: Annual variation of industrial production in %.
Source: National Institute of Statistics and FocusEconomics calculations.

Romania Facts

Value Change Date
Bond Yield4.490.23 %Dec 31
Exchange Rate4.26-0.34 %Dec 31

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