Romania November industrial production declines on year

Manufacturing

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On a seasonally adjusted basis, Romania's industrial production declined by 1.9% year-on-year in November, following a downwardly revised 4.7% fall in the previous month, data from the Bucharest-based National Institute of Statistics (INS) showed on Wednesday.

On an unadjusted basis, industrial production increased 0.9% annually in November, due to rises in the electricity, gas, steam and air conditioning supply (7%) and manufacturing (0.1%).

Mining and quarrying meanwhile dropped 1.3%.

On a working and seasonally adjusted basis monthly basis, industrial output grew 2.5% in November, after a downwardly revised 0.6% drop in October.

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