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
|Industrial Production (annual variation in %)||7.9||6.2||2.8||1.8||7.8|
5 years of economic forecasts for more than 30 economic indicators.
Romania Industry Chart
Source: National Institute of Statistics and FocusEconomics calculations.
|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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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.
September 11, 2019
Consumer prices rose 0.1% month-on-month in August, contrasting July’s 0.2% decline.
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.
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.
August 12, 2019
Consumer prices declined 0.2% month-on-month in July, matching June’s print.