Industry in Romania

Romania Industry | Economic News & Forecasts

Romania - Industry

Industrial production contracts in December

Industrial output dropped 0.8% in annual terms in December, contrasting November's 2.6% expansion. According to the Statistical Institute, November’s fall came on the back of contractions in the manufacturing and mining and quarrying sectors, while the supply of electricity, gas, steam and air conditioning sector recorded a slight expansion.

On a seasonally- and working-day adjusted month-on-month basis, industrial production output slipped 0.9% in December, following November’s 0.2% decrease. Annual average growth in industrial production, meanwhile, fell from 4.4% in November to 3.6% in December.

Romania Industrial Production Forecast

FocusEconomics Consensus Forecast panelists expect industrial production to expand 3.9% in 2019, which is unchanged from last month’s estimate. The panel predicts that industrial output will increase 3.3% 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 Yield5.010.23 %Apr 22
Exchange Rate4.23-0.34 %Apr 22
Stock Market8,403-0.59 %Apr 22

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