Industry in Romania

Romania Industry | Economic News & Forecasts

Romania - Industry

Industrial output falls for a second consecutive month in July

Industrial output fell 3.0% on an annual basis in July, an improvement from June’s 6.2% contraction but marking the second fall in a row. According to the Statistical Institute, July’s result reflected a softer contraction in manufacturing output, particularly in capital goods production.

Annual average industrial output growth, meanwhile, decreased to 0.3% after 1.2% in July.

On a seasonally- and working day-adjusted basis, industrial output fell 3.3% month-on-month in July, an 18-month low (May: -1.8% month-on-month s.a.).

FocusEconomics Consensus Forecast panelists expect industrial output to increase 1.4% in 2019, which is down 0.8 percentage points from last month’s estimate. The panel expects industrial output to increase 3.2% 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 Yield4.070.23 %Sep 04
Exchange Rate4.29-0.34 %Sep 04
Stock Market9,262-0.59 %Sep 04

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