Industry in Romania
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 |
Romania Industry Chart
Source: National Institute of Statistics and FocusEconomics calculations.
Romania Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 4.89 | 0.23 % | Aug 15 |
| Exchange Rate | 4.09 | -0.34 % | Aug 14 |
| Stock Market | 8,084 | -0.59 % | Aug 14 |
Sample Report
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Economic News
Romania: The economy broadly keeps pace in Q2
August 14, 2018
In the second quarter, the economy expanded 4.1% over the same period last year, according to a preliminary estimate released by the National Institute of Statistics on 14 August.
Romania: Growth in industrial production accelerates in June
August 10, 2018
Industrial output expanded 4.6% in annual terms in June, a notable acceleration from May’s 1.2% growth rate.
Romania: Inflation drops in July
August 10, 2018
Consumer prices decreased 0.5% over the previous month in July, following a flat reading in June.
Romania: Central Bank holds rates unchanged at August meeting
August 6, 2018
At its monetary policy meeting on 6 August, the National Bank of Romania (NBR) decided to keep the policy rate unchanged at 2.50%.
Romania: Growth in industrial production loses strength in May
July 12, 2018
Industrial output expanded a weak 1.2% in annual terms in May, decelerating from April’s 3.6% growth rate.
© Copyright: 2018 | Romania Industry | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed ...
