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Romania’s industrial activity hits lowest level since lockdown in January
Romania’s industrial production index contracted by 4.0 y/y in January, dragged down by a major 6.4% y/y plunge in manufacturing, partly offset by more intense activity (+8.6% y/y) in the sector of utilities. Mining and quarrying…
iulian ernst · Journalist
· Updated · 2 min read
Romania’s industrial production index contracted by 4.0 y/y in January, dragged down by a major 6.4% y/y plunge in manufacturing, partly offset by more intense activity (+8.6% y/y) in the sector of utilities. Mining and quarrying contracted by 2.0% y/y.
The seasonally adjusting industrial output dropped by 3.3% m/m compared to December, dragged down by 5.1% m/m contraction in the core manufacturing industries.
