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Industrial production down by 4.8 in Romania, Jan-Oct 2023

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Romania's industrial production decreased by 4.8% in the first ten months compared to the same period in 2022, as unadjusted series, shows data published on Wednesday by the of Statistics (INS).

According to the official statistics, between 1 January and 31 October 2023, there were decreases in the production and supply of electricity and heat, gas, hot water and air conditioning (-10.5%) and manufacturing (-4.3%). Conversely, the extractive industry grew by 3.1%.

Industrial production, as work-day and seasonally adjusted series, decreased by 5%, due to activities in…

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