In September, industrial output expanded 5.5% over the same month last year, which marked a deceleration from the strong 10.4% expansion observed in August. The moderation was entirely driven by slower growth in manufacturing, whereas mining and quarrying as well as electricity, gas, steam and air conditioning supply picked up from the previous month. A month-on-month comparison points to a deeper deceleration than suggested by the annual figures. In September, industrial production contracted a seasonally and working-day adjusted 0.6% over the previous month, contrasting the 1.5% increase in August. In spite of the deceleration, annual average growth in industrial output inched up from 6.6% in August to 6.7% in September.
Industrial production decelerates in September
November 7, 2011
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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.