Romania Industry


Romania: Industrial production accelerates in February

April 9, 2015

Industrial output increased 3.2% in February over the same month last year, which came in above January’s mild 1.5% rise and marked the highest print since October 2014. According to the National Institute of Statistics, February’s rise was mainly the result of strong growth in the manufacturing sector.

On a month-on-month basis, industrial production recorded flat growth in February, which was down from the 1.1% rise tallied in the previous month. As a result, annual average growth in industrial production decreased markedly from 5.5% in January to 4.9% in February.

FocusEconomics Consensus Forecast panelists expect industrial production to expand 5.2% in 2015, which is down 0.2 percentage points from last month’s estimate. The panel estimates that industrial output will increase 5.5% in 2016.

Author:, Economist

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Romania Industry Chart

Romania Industry February 2015 0

Note: Year-on-year changes and annual average variation of industrial production index in %.
Source: National Institute of Statistics.

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