Industrial production declines 13.7pct in Romania eight months into 2020
Publicat:Industrial production in Romania decreased in the first eight months of 2020 both when unadjusted and when adjusted for business days and seasonality, by 13.7% and 14.2%, respectively, compared with the same period in 2019, according to data published on Wednesday by the National Institute of Statistics (INS).
Unadjusted August 2020 industrial production was down 10.5% on a monthly basis, but production adjusted for business days and seasonality was up 3.9% on a monthly basis.
Y-o-y, August 2020 production was down 4.3% when unadjusted and down 5.1% when adjusted forworking days…
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