Romania's industrial production up by 5.2 percent year-on-year in January 2017

Romania’s industrial production up by 5.2 percent year-on-year in January 2017

Industrial production increased by 5.2 percent year-on-year in January, Eurostat data shows.

According to Eurostat, in the European Union (EU28) industrial production increased in January 2017 by 0.5 percent and by 0.9 percent in the Eurozone compared to December 2016. The biggest growth was recorded in Ireland (3.4 percent), Germany (3.3 percent) and Greece (2.5 percent), and the most significant decline was recorded in Croatia (-6.8 percent), Denmark (-4.6 percent) and Bulgaria (-3.9 percent).

Romania recorded in January a 0.5 percent decline, compared to December 2016, when it recorded a 1.6 percent increase. Year-on-year, in January, in the EU industrial production increased by 1.3 percent and by 0.6 percent in the Eurozone.

The biggest growth in production was reported in Lithuania (8.4 percent), Greece (7.4 percent) and Estonia (6.7 percent). The biggest drops were recorded in Ireland (-8.6 percent), Bulgaria (-1.2 percent) and Luxembourg (-0.9 percent).