Romania Industry


Romania: Industrial production rebounds in June

August 9, 2013

Industrial output grew 5.1% over the same month last year in June, which contrasted the revised 1.7% drop recorded in May (previously reported: -2.1%). According to the national statistics institute, the increase was broad-based, with all industries showing an improvement over last month.

Industrial production rose 5.7% in seasonally and working-day adjusted terms compared to the previous month, contrasting the revised 9.1% drop seen in May (previously reported: -10.7%). As a result of the strong annual reading, the trend now points upwards, with annual average growth in industrial production increasing from 4.1% in May to 4.4% in June.

FocusEconomics Consensus Forecast panellists expect industrial production to expand 3.9% in 2013, which is unchanged from last month's estimate. The panel estimates that industrial output will increase 4.5% in 2014.


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Romania Industry Chart

Romania Industry June 2013

Note: Year-on-year changes and annual average variation of industrial production index in %.
Source: National Institute of Statistics.

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