Romania Industry


Romania: Industrial production decelerates in February

April 10, 2014

In February, industrial output rose 8.9% over the same month last year, which was down from the 10.0% increase tallied in January. According to the National Institute of Statistics, the increase came as a result of an improvement in electricity output as well as in mining and quarrying, whereas manufacturing rose at a slower pace compared to the previous month.

On a month-on-month basis, industrial production fell 1.26%, which contrasted the revised 3.18% increase recorded in January (previously reported: +2.28% month-on-month). In addition, annual average growth in industrial production inched up from 8.3% in January to 8.4% in February.

FocusEconomics Consensus Forecast panelists expect industrial production to expand 3.9% in 2014, which is unchanged from last month's estimate. The panel estimates that industrial output will increase 4.5% in 2015.

Author:, Senior Economist

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Romania Industry Chart

Romania Industry February 2014

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

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