Romania’s industrial output down 3.0% y/y in April despite 1.9% recovery in two months
Romania's industrial output posted a 3.0% y/y decline in April, after the average 1.9% y/y contraction in Q1, according to data published by the statistics office INS. The outlook remains mixed, allowing expectations for positive growth in…
iulian ernst · Journalist
· Updated · 2 min read
Romania's industrial output posted a 3.0% y/y decline in April, after the average 1.9% y/y contraction in Q1, according to data published by the statistics office INS. The outlook remains mixed, allowing expectations for positive growth in the full year.
The decline was more visible in the core manufacturing sector, where the output contracted by 4.0% y/y after a -3.4% y/y decline in Q1. The sector of utilities is performing better, the production and delivery of energy and natural gas mainly expanding by 3.3% y/y in April and 6.5% y/y in Q1.
