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Romania's industrial output down 3.1% y/y in Jan-Feb

Apr 12, 2024, 10:58:48 AMArticle by Bogdan Todasca
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April 12 (SeeNews) - Romania's industrial production decreased by a seasonally and working-day adjusted 3.1% year-on-year in the first two months of 2024, the national statistical office, INS, said on Friday.

Romania's industrial output down 3.1% y/y in Jan-Feb
Romania industrial output as of February 2024 Source: INS, pixabay.com - jannonivergall

On a non-adjusted comparison basis, industrial output also fell by 1.8% in the review period, INS said in a press release.

In February alone, industrial production shrank by an adjusted 2.2% on the year while increasing by an adjusted 2.7% on the month. In unadjusted terms, industrial output inched up by 0.2% on the year and was up 10.8% on the month.

Industrial output, breakdown by industry (pct change, adjusted):

Feb y/y Jan y/y Feb m/m Jan m/m Jan-Feb y/y
Industrial production -2.2 -3.9 +2.7 -3.4 -3.1
-mining +2.5 -7.4 +8.4 -2.1 -2.4
-manufacturing -2.2 -4.0 +3.1 -3.5 -3.1
-electricity -5.7 -2.4 -2.8 -0.3 -4.1

Source: INS

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