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Romania Industrial Production Falls In April

Romania’s industrial production fell in April, led by all three sectors, data from the National Institute Of Statistics showed on Thursday.

Industrial production fell 9.5 percent month-on-month in April compared to the previous month.

This decline was led by a 15.1 percent fall in electricity and a 9.2 percent drop in manufacturing. Output in mining and quarrying decreased 0.7 percent.

On a year-on-year basis, industrial production rose 1.4 percent in April.

On a working day and seasonally adjusted basis, industrial production rose 0.4 percent monthly and grew 1.1 percent from a year ago.

The material has been provided by InstaForex Company – www.instaforex.com