Industry in Romania
Romania - Industry
Growth in industrial production slows notably in August
Industrial output expanded 3.7% in annual terms in August, well below July’s six-month high 7.3% growth rate. According to the Statistical Institute, the expansion in July came on the back of sustained growth in the manufacturing; and electricity and gas, steam and air conditioning sectors. On the other hand, the mining and quarrying sector contracted.
On a seasonally- and working-day adjusted month-on-month basis, industrial production output rose 0.4% in August, contrasting July’s 1.7% drop. Annual average growth in industrial production, meanwhile, dropped from 6.4% in July to 6.1% in August.
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 |
Romania Industry Chart
Source: National Institute of Statistics and FocusEconomics calculations.
Romania Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 5.01 | 0.23 % | Oct 22 |
| Exchange Rate | 4.06 | -0.34 % | Oct 22 |
| Stock Market | 8,616 | -0.59 % | Oct 22 |
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: Growth in industrial production slows notably in August
October 15, 2018
Industrial output expanded 3.7% in annual terms in August, well below July’s six-month high 7.3% growth rate.
Romania: Inflation inches down in September
October 10, 2018
Consumer prices rose 0.5% over the previous month in September, following August’s softer 0.3% increase.
Romania: Central Bank holds fire at October meeting
October 4, 2018
At its monetary policy meeting on 3 October, the National Bank of Romania (NBR) decided to keep the policy rate unchanged at 2.50%.
Romania: Inflation reignites in August on higher energy prices
September 12, 2018
Consumer prices increased 0.3% over the previous month in August, contrasting July’s 0.5% drop.
Romania: Growth in industrial production gains further steam in July
September 12, 2018
Industrial output expanded 7.3% in annual terms in July, a six-month high and a notable acceleration from June’s 4.6% growth rate.
© Copyright: 2018 | Romania Industry | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed ...
