In May, industrial output rose 7.1% over the same month the previous year. The reading represented a strong acceleration from April's 3.6% expansion and marked the first improvement in three months, owing to higher demand for the country's manufactured products. A month-on-month comparison corroborates the deceleration suggested by the annual figures. In May, industrial production expanded a working-day and seasonally adjusted 1.6% over the previous month, following a 0.5% increase in April. Annual average growth in industrial output inched up from 6.8% in April to 6.9% in May. 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 accelerates in May
July 8, 2011
Looking for forecasts related to Industry in Romania? Download a sample report now.
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.