Romania's industrial production down by 4.8 pct in the first 11 months of 2023
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Romania's industrial production down by 4.8 pct in the first 11 months of 2023
Industrial production decreased in the first 11 months of 2023, year-over-year, both as a unadjusted series, by 4.8%, and by 4.9% as work-day and seasonally adjusted series, shows data published on Friday by the National Institute of Statistics (INS).
According to the cited source, the negative results recorded at the end of November this year occurred as a result of decreases in the production and supply of electricity and heat, gas, hot water and air conditioning (-9.7%) and manufacturing industry (-4.4%).…
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