Industrial production in Romania declined by 1.9 percent year-on-year in November 2021, following a downwardly revised 4.7 percent fall in the previous month. This marked the third straight month of contraction in industrial output but the softest pace in the sequence, amid disruptions caused by the ongoing pandemic.
On a monthly basis, industrial output grew 2.5 percent in November, after a downwardly revised 0.6 percent drop in October. source: Institutul National de Statistica
Industrial Production in Romania averaged 3.18 percent from 2001 until 2021, 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 January of 2022.
Industrial Production in Romania is expected to be -6.30 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 4.30 percent in 2023, according to our econometric models.