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Financial News: Romania Industrial Production Declines In November

Romania Industrial Production Declines In November

01/12/2022 - 02:57:00 (RTTNews)

(RTTNews) - Romania's industrial production declined in November, data from the National Institute of Statistics showed on Wednesday.

On a seasonally adjusted basis, industrial production decreased 1.9 percent month-on-month in November.

Manufacturing output declined 2.6 percent monthly in November and production in mining and quarrying fell 1.8 percent.

Meanwhile, electricity production grew 7.6 percent.

On a yearly basis, industrial production rose a working-day adjusted 2.5 percent in November.

On an unadjusted basis, industrial production increased 0.9 percent monthly in November and gained 5.4 percent from a year ago.

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