Industry in Romania

Romania Industry | Economic News & Forecasts

Romania - Industry

Growth in industrial production accelerates in June

Industrial output expanded 4.6% in annual terms in June, a notable acceleration from May’s 1.2% growth rate. According to the Statistical Institute, the expansion in June came on the back of sustained growth in the manufacturing, and mining and quarrying sectors. Production in the electricity and gas, steam and air conditioning sector, however, contracted.

On a seasonally- and working-day adjusted month-on-month basis, industrial production output expanded 1.6% in June, strongly contrasting May’s 0.4% contraction. Annual average growth in industrial production, nevertheless, fell from May’s 6.6% to 6.4% in June.

Romania Industrial Production Forecast

FocusEconomics Consensus Forecast panelists expect industrial production to expand 4.6% in 2018, which is up 0.3 percentage points from last month’s estimate. The panel predicts that industrial output will increase 3.9% in 2019.

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 Yield4.890.23 %Aug 15
Exchange Rate4.09-0.34 %Aug 14
Stock Market8,084-0.59 %Aug 14

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