Romania November industrial production declines on year
Image by Pixabay
On a seasonally adjusted basis, Romania's industrial production declined by 1.9% year-on-year in November, following a downwardly revised 4.7% fall in the previous month, data from the Bucharest-based National Institute of Statistics (INS) showed on Wednesday.
On an unadjusted basis, industrial production increased 0.9% annually in November, due to rises in the electricity, gas, steam and air conditioning supply (7%) and manufacturing (0.1%).
Mining and quarrying meanwhile dropped 1.3%.
On a working and seasonally adjusted basis monthly basis, industrial output grew 2.5% in November, after a downwardly revised 0.6% drop in October.
Richter Shareholders Approve HUF 423/Share Dividend
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
