Industrial production in Romania shrank 6.1% year-on-year in January 2023, after a 6.3% drop in the previous month. It was the third consecutive period of contraction due to declines in output of the manufacturing industry (-4.6% vs -3.6% in December) and output of electricity, gas, steam & air-conditioning (-13.8% vs -16.6%). Meanwhile, production of mining & quarrying rebounded (0.8% vs -1.1). On a monthly basis, industrial production grew 2.0% in January, the first monthly increase in five months, recovering from a 1.6% fall in December. source: Institutul National de Statistica
Industrial Production in Romania averaged 2.91 percent from 2001 until 2023, reaching an all time high of 64.70 percent in April of 2021 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 March of 2023.
Industrial Production in Romania is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Romania Industrial Production is projected to trend around 3.20 percent in 2024 and 2.40 percent in 2025, according to our econometric models.