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.
Author: Cecilia Simkievich, Economist