Romania’s industrial output maintains positive momentum in October
Romania’s industrial output rose by 0.3% y/y in October, despite a negative performance (-0.3% y/y) in the core manufacturing segment, thanks to a robust 6.6% y/y advance in the segment of utilities, according to data published by the statistics office INS.
On a monthly basis, the seasonally-adjusted industrial output advanced by 0.4% m/m despite 0.5% m/m contraction in the manufacturing sector.
For the 12-month rolling period, Romania’s industrial output contracted by 0.8% y/y, both overall and in the core manufacturing segment.
iulian@romania-insider.com
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