Industry in Romania

Romania Industry | Economic News & Forecasts

Romania - Industry

Industrial production plummets in September

Industrial output tumbled to 3.3% in annual terms in September, contrasting the prior month’s 0.2% increase and logging the worst print in over a year. The downturn was largely attributed to a slide in mining and quarrying production. Moreover, manufacturing output declined at a sharper rate in September.

On a monthly basis, factory output contracted 2.0% in seasonally-adjusted terms in September, following August’s 0.4% decrease. Meanwhile, the trend remained unchanged, with the annual average variation of industrial production coming in at August’s 8.4% in September.

FocusEconomics Consensus Forecast panelists expect industrial output to expand 4.7% in 2022, which is down 0.3 percentage points from last month’s estimate. The panel expects industrial output to increase 3.9% in 2023.

Romania - Industry Data

2015   2016   2017   2018   2019  
Industrial Production (annual variation in %)2.8  1.8  7.8  3.5  -3.3  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Romania Industry Chart


Romania Industry
Note: Annual variation of industrial production in %.
Source: National Institute of Statistics and FocusEconomics calculations.

Romania Facts

Value Change Date
Bond Yield4.490.23 %Dec 31
Exchange Rate4.26-0.34 %Dec 31

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form