Romania Industry

Romania

Romania: Industrial production plunges in September

November 9, 2012

In September, industrial output plunged 4.0% over the same month last year, which followed the 1.3% increase observed in August. The contraction, the sharpest since August 2009, was partially due to a negative base effect as industrial production expanded a robust 5.6% in September last year. Compared to the previous month, however, industrial production added 0.6% in seasonally and working-day adjusted terms, which contrasted the revised 0.8% increase recorded in August (previously reported: -1.1% month-on-month). As a result of the annual contraction, annual average growth in industrial output fell from 1.2% in August to 0.4% in September.


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Romania Industry Chart


Romania Industry September 2012

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


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