Romanian industrial production up by 2.7 pct in August compared with 2015

Newsroom 13/10/2016 | 08:14

The industrial production increased by 1.8 percent in the euro area in August 2016, compared with August 2015, due to production of durable consumer goods rising by 4.9 percent, capital goods by 2.6 percent, intermediate goods by 2.0 percent and energy by 1.5 percent, while production of non-durable consumer goods dropped by 0.1 percent. Romanian industrial production was up by 2.7 pct in August compared with the same period of 2015, according to Eurostat, the statistical office of the European Union.

In the EU28, the increase of 1.8 percent is due to production of durable consumer goods rising by 4.6 percent, capital goods by 3.3 percent, intermediate goods by 1.9 percent,energy by 0.2 percent and non-durable consumer goods by 0.1 percent.

Join the discussions about Romania’s economic outlook and strategy for the future at the Foreign Investors Summit 2016 – Where Romania means business – November 1-3, Bucharest.

Among member states for which data are available, the highest increases in industrial production were registered in the Czech Republic (7.7 percent), Slovenia (5.9 percent) and Poland (5.1 percent), and the largest decreases in Ireland (8.5 percent), Sweden (6.2 percent) and Malta (3.9 percent).

On a monthly comparison, Romanian industrial production rose by o.5 percent in August compared with July. The increase of 1.6 percent in industrial production in the euro area in August versus July, is due to production of durable consumer goods rising by 43 percent, capital goods by 3.5 percent, energy by 3.3 percent, and intermediate goods by 1.4 percent, while production of non-durable consumer goods dropped by 0.6 percent.

Georgiana Bendre

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