Romania’s industrial production rose 4.6 pct y/y in June, turnover up 15 pct

Romania’s industrial production increased by 4.6 percent year-on-year in June despite a slight decline of energy production, while the turnover index of industry rose by 14.9 percent, National Institute of Statistics (INS) data showed on Friday.

Compared with May 2018, the industrial production increased by 1.6 percent as series adjusted by number of working days and seasonality.

Production in the manufacturing sector, the largest sector of Romania’s industry, grew by 5.3 percent year-on-year, mining and quarrying increased by 5.1 percent, while energy output decreased by 0.7 percent in June, according to official data.

The recovery of manufacturing production had some impact on turnover of Romania’s industry, which climbed 14.9 percent year-on-year in June.

In the first six months of 2018, the industrial production increased by 4 percent year-on-year and industry’s turnover rose by 13.8 percent.

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The new orders in manufacturing increased by 17.9 percent year-on-year in June 2018.