Romania industrial production declines on month in July
Romania's industrial production fell in July, data from the Bucharest-based national Institute of Statistics (INS) showed on Tuesday. Industrial production declined a seasonally adjusted 1% month-on-month in July.
Manufacturing output decreased 1.5% and electricity fell 1.0%. Production in mining and quarrying declined 3.1%.
On a yearly basis, industrial production surged a working-day adjusted 5.9% in July. On an unadjusted basis, industrial production decreased 0.6% monthly in July and grew 3.1% from a year ago, the statistics agency said.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.