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Romania's industrial output falls 4.9% in 2023

Feb 14, 2024, 1:06:35 PMArticle by Razvan Timpescu
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February 14 (SeeNews) - Romania's industrial production decreased by an unadjusted 4.9% year-on-year in the year 2023, the national statistical office, INS, said on Wednesday.

Romania's industrial output falls 4.9% in 2023
Romania's industrial output as of December 2023 Source: INS

In December alone, industrial production shrank by an adjusted 2.3% on the year and rose by an adjusted 0.3% on the month, INS said in a press release.

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

Dec y/y Nov y/y Dec m/m Nov m/m 2023 y/y (unadjusted)
Industrial production -2.3 -4.4 +0.3 -0.6 -4.9
-mining -4.8 -1.8 -5.2 +0.7 +1.9
-manufacturing -2.5 -5.0 +1.0 -1.0 -4.6
-electricity -3.4 -2.0 -1.4 +2.2 -9.2

Source: INS

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