Industrial production in Romania expanded by 1.6 percent year-on-year in December 2020, following an upwardly revised 0.5 percent gain in the previous month. It was the third straight month of increase in industrial output and the strongest pace since March 2019. On a monthly basis, industrial output grew 0.9 percent in December, after a downwardly revised 0.4 percent fall in November. source: Institutul National de Statistica

Industrial Production in Romania averaged 2.85 percent from 2001 until 2020, reaching an all time high of 17.90 percent in March of 2007 and a record low of -38.70 percent in April of 2020. This page provides - Romania Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Industrial Production in Romania is expected to be 6.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Romania to stand at 5.50 in 12 months time. In the long-term, the Romania Industrial Production is projected to trend around 5.50 percent in 2022 and 3.50 percent in 2023, according to our econometric models.

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Romania Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
1.60 0.50 17.90 -38.70 2001 - 2020 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-11-12 07:00 AM Sep -2.8% -3.7% -4.7%
2020-12-14 07:00 AM Oct 1.2% -2.8% -2.2%
2021-01-13 07:00 AM Nov 0.4% 0.9% -3.5%
2021-02-12 07:00 AM Dec 1.6% 0.5% 0.7%
2021-03-12 07:00 AM Jan 1.6%
2021-04-14 06:00 AM Feb
2021-05-13 06:00 AM Mar
2021-06-11 06:00 AM Apr

Romania Industrial Production
In Romania, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.