Financial News: Romania Industrial Production Rises In January

Romania Industrial Production Rises In January

03/14/2023 - 05:13:00 (RTTNews)

(RTTNews) - Romania's industrial production expanded in January, led by the increased output in the manufacturing sector, data from the National Institute of Statistics showed on Tuesday.

Industrial production rose a seasonally and working-day adjusted 2.0 percent month-on-month in January.

Manufacturing output grew 2.4 percent monthly in January. Output in the utilities sector decreased 2.3 percent, and mining and quarrying production dropped 0.9 percent.

On a yearly basis, industrial production fell a working-day adjusted 6.1 percent in January.

On an unadjusted basis, industrial production dropped 5.4 percent yearly in January.

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