Romania’s industrial production sees growth in 2017, says National Prognosis Commission

Anca Alexe 29/12/2017 | 11:38

According to the National Prognosis Commission (CNP), Romania’s industrial production, based on external demand, is estimated to have been 7.6 percent higher this year compared to 2016.

CNP’s statement says that the 2017 data shows a favourable evolution for all industry indicators, including a 7.6 percent growth of industrial production – this is based on external market demand (8.8 percent) and internal market turnover (4.9 percent). As a result, the total turnover volume for industry in 2017 will be 6.8 percent higher than the previous year, and the stocks of finished products will be 9.3 percent larger, which will compensate for the decreasing stocks of 2016.

The total industry turnover is expected to have a 0.7 percent increase, through a 5.7 percent increase on the external market combined with a 4.0 percent decrease on the internal market.

CNP estimates that in Q4 of next year the stocks of finished products will be 11.3 percent higher than they were in Q3 of this year.

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Anca Alexe | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue