Industry in Romania
Romania - Industry
Industrial output falls for a second consecutive month in July
Industrial output fell 3.0% on an annual basis in July, an improvement from June’s 6.2% contraction but marking the second fall in a row. According to the Statistical Institute, July’s result reflected a softer contraction in manufacturing output, particularly in capital goods production.
Annual average industrial output growth, meanwhile, decreased to 0.3% after 1.2% in July.
On a seasonally- and working day-adjusted basis, industrial output fell 3.3% month-on-month in July, an 18-month low (May: -1.8% month-on-month s.a.).
FocusEconomics Consensus Forecast panelists expect industrial output to increase 1.4% in 2019, which is down 0.8 percentage points from last month’s estimate. The panel expects industrial output to increase 3.2% in 2020.
Romania - Industry Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | 7.9 | 6.2 | 2.8 | 1.8 | 7.8 |
Romania Industry Chart
Source: National Institute of Statistics and FocusEconomics calculations.
Romania Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 4.07 | 0.23 % | Sep 04 |
| Exchange Rate | 4.29 | -0.34 % | Sep 04 |
| Stock Market | 9,262 | -0.59 % | Sep 04 |
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Economic News
Romania: Industrial output falls for a second consecutive month in July
September 12, 2019
Industrial output fell 3.0% on an annual basis in July, an improvement from June’s 6.2% contraction but marking the second fall in a row.
Romania: Inflation recedes in August
September 11, 2019
Consumer prices rose 0.1% month-on-month in August, contrasting July’s 0.2% decline.
Romania: Growth moderates in Q2 but remains strong nonetheless
September 6, 2019
GDP grew 4.4% year-on-year in the second quarter (Q1: +5.0% year-on-year), according to a comprehensive estimate released by Romania’s Statistical Institute on 6 September.
Romania: Growth moderates in Q2 but remains strong nonetheless
August 14, 2019
Romania’s economy grew 4.4% year-on-year in the second quarter, according to a preliminary estimate released by the Statistical Institute on 14 August.
Romania: Inflation rises in July
August 12, 2019
Consumer prices declined 0.2% month-on-month in July, matching June’s print.
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