Romania Industrial Output Falls in April
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Industrial production in Romania declined 4.7% year-on-year in April slipping further from a downwardly revised 3.6% fall in March, the Bucharest-based National Institute of Statistics (INS) said on Wednesday.
It was the sixth straight month of contraction, as output continued to drop for manufacturing (-5.2% vs -2.2% in March) and slowed for mining & quarrying (0.5% vs 2.5%).
On the other hand, production decreased less for electricity, gas, steam & air-conditioning (-5.4% vs -14.3%).
On a monthly basis, industrial output fell 0.8%, reversing a 0.1% growth in the previous two months.
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