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Financial News: Romania Industrial Production Declines In December

Romania Industrial Production Declines In December

02/12/2020 - 03:12:00 (RTTNews)

(RTTNews) - Romania's industrial production fell in December, driven by a decline in mining and quarrying and manufacturing, data from the National Institute of Statistics showed on Wednesday.

Industrial production fell a seasonally adjusted 0.1 percent month-on-month in December, led by a 2.2 percent decline in the mining and quarrying output.

Production in manufacturing decreased 1.2 percent in December, while that of electricity rose 2.7 percent.

On a yearly basis, industrial production decreased a working-day adjusted 6.9 percent in December.

On an unadjusted basis, industrial production dropped 13.8 percent monthly in December and fell 3.4 percent from a year ago.

From January to December, industrial production fell a non-adjusted 2.3 percent from the last year.

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