Industrial production, new orders, on the rise in Romania in February

Romania’s industrial production, one of the most important indicators for the local economy, continued its growth in February, although at a slower pace than in January. The industrial output increased by 5.8%, as a gross series, compared to the same month of last year. The manufacturing industry was the main growth engine, with a 9.6% increase in February, while the mining industry went up 5.3% and the energy industry was down 4.5%. In January, the increase in industry was 8.5%. The value of new orders in the manufacturing industry went up by 16% in February versus the same month of 2017 after a 21.5% increase in January. editor@romania-insider.com