AcasăEurope NewsRomania's industrial production declines 1.3pct seven months into 2022

Romania’s industrial production declines 1.3pct seven months into 2022

Published on

In the first seven months of 2022, Romania’s industrial production declined 1.3% as unadjusted data and 2.2% when adjusted for seasonality and working days, both y-o-y, according to data published on Wednesday by the National Institute of Statistics (INS), read by Agerpres.

Unadjusted, there were decreases in electricity, gas, steam and air conditioning production and supply (-6.5%), mining and quarrying (-4.2%) and manufacturing (-0.2%).

When adjusted for working days and seasonality, it was lower in the first seven months by 2.2%, as a result of decreases in electricity, gas, steam and air conditioning production and supply (-6.3%), mining and quarrying (-4.2%) and manufacturing (-1.3%).

In July 2022, industrial production decreased by 1.9% on a monthly basis unadjusted due to a decrease in manufacturing (-3.2%). Electricity, gas, steam and air conditioning production and supply and the extractive industry increased by 6% and mining and quarrying by 1.9%.

When adjusted for working days and seasonality, industrial production was higher by 0.3% on a monthly basis, as growth was recorded in manufacturing and electricity, gas, steam and air conditioning production and supply (+1.3%, each ). On the other hand, mining and quarrying decreased by 0.3%.

Industrial production (unadjusted) recorded a 3.1% decrease in July 2022, y-o-y as a result of decreases in electricity, gas, steam and air conditioning production and supply (-6.8%), mining and quarrying (-2.9%) and manufacturing (-2.5%).

When adjusted, industrial production was lower by 0.9%, as a result of decreases in electricity, gas, steam and air conditioning production and supply (-6.5%), mining and quarrying (-2, 6%) and manufacturing (-0.2%).

Agerpres

Proiectul jurnalistic ecopoliticnews.com este un proiect susținut de AGI
- o asociație neguvernamentală, apolitică și non-profit.
Depinde și de tine să susții o presă independentă.

Latest articles

In Senate there was vote against catastrophic management of environment minister (PSD’s Grindeanu)

The vote of the PSD senators on the simple motion submitted against the environment...

Razvan Cuc, former Minister of Transport, detained for complicity in bribery

Former Minister of Transport Alexandru-Razvan Cuc was detained on Tuesday by anti-corruption prosecutors in...

Euro trades at 5.0920 RON

The exchange rate of the national leu currency resulting from the quotations announced on...

UDMR’s Kelemen on PSD MPs voting in favour of censure motion: It was a mistake

PSD (Social Democratic Party) MPs voting in favour of the simple motion in the...

More like this

In Senate there was vote against catastrophic management of environment minister (PSD’s Grindeanu)

The vote of the PSD senators on the simple motion submitted against the environment...

Razvan Cuc, former Minister of Transport, detained for complicity in bribery

Former Minister of Transport Alexandru-Razvan Cuc was detained on Tuesday by anti-corruption prosecutors in...

Euro trades at 5.0920 RON

The exchange rate of the national leu currency resulting from the quotations announced on...