Industry in Romania

Romania Industry | Economic News & Forecasts

Romania - Industry

Industrial output slows in May

Industrial output rose 0.2% on an annual basis in May, decelerating from April’s 1.4% increase. According to the Statistical Institute, May’s slowdown was mainly attributable to a contraction in manufacturing output, as well as in mining and quarrying production.

Annual average industrial output growth, meanwhile, remained stable at 2.2% in May.

On a seasonally- and working day-adjusted basis, industrial output fell 2.0% month-on-month in May (April: +0.7% month-on-month s.a.).

FocusEconomics Consensus Forecast panelists expect industrial output to increase 2.7% in 2019, which is down 0.4 percentage points from last month’s estimate. The panel expects industrial output to increase 3.4% 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  

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Romania Industry Chart

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

Romania Facts

Bond Yield4.690.23 %Jul 11
Exchange Rate4.20-0.34 %Jul 11
Stock Market9,024-0.59 %Jul 11

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