Romania’s total market production index up 4.2% y/y in Q3
Romania’s total market production index (TMPI), a composite indicator compiled by Eurostat that combines four short-term business statistics indicators covering most of the market economy, increased by 4.2% y/y in Q3 - the sharpest rise in…
iulian ernst · Journalist
· Updated · 2 min read
Romania’s total market production index (TMPI), a composite indicator compiled by Eurostat that combines four short-term business statistics indicators covering most of the market economy, increased by 4.2% y/y in Q3 - the sharpest rise in seven quarters (+0.3% y/y in Q2) and twice the 2.1% average advance in the European Union.
The seasonally-adjusted index has increased for the fourth consecutive quarter, by 1.0% q/q. Robust construction activity and marginal improvement in the industrial sector contributed.
