Romania’s industry still deep in contractionary mode despite improvement in March
The BCR Romania Manufacturing PMI signalled a milder contraction in March, rising to 46.6 from 45.3 in February, according to Erste Group. The improvement, in line with the development in Europe, fails to capture the lagged effect of the…
iulian ernst · Journalist
· Updated · 2 min read
The BCR Romania Manufacturing PMI signalled a milder contraction in March, rising to 46.6 from 45.3 in February, according to Erste Group. The improvement, in line with the development in Europe, fails to capture the lagged effect of the Middle East conflict, except for the higher cost elements.
For the entire first quarter of the year (Q1), Romania's PMI index reached 46.7, down from 47.9 in Q4 at the end of last year – also marking a decline from 47.1 one year earlier in Q1 2025. This indicates continued industrial slowdown in the quarter, while Erste Group still sees reasons for optimism regarding further dynamics later in the year – with downside risks attached.
