Industrial production in the EU and the euro zone registered a drop beyond expectations in October 2022, compared to September 2022, but Romania and Slovenia were the member countries where industrial production registered the smallest decline, from one month to the next, shows the data published on Wednesday by Eurostat.According to these data, industrial production decreased by 2% in the euro area and by 1.9% in the EU, in October compared to September. The member states with the most important decreases in industrial production were Ireland (minus 10.7%), Luxembourg (minus 4.4%) and the Czech Republic (minus 3.7%). The most modest decreases were recorded in Romania (minus 0.4%) and Slovenia (minus 0.3%). The only EU countries where industrial production increased from one month to another were Slovakia (1.3%), Lithuania (1.1%), Greece (0.5%) and Austria (0.2%).On an annual basis, in October 2022 compared to October 2021, industrial output went up by 3.4% in the euro area and by 3.7% in the European Union. The member states with the strongest industrial production growth rate were Ireland (53.2%) and Denmark (10.7%). The most modest increases were recorded in Romania (0.7%) and Slovenia (0.1%).The fall in industrial production in the euro zone in October is greater than forecast by analysts interviewed by Reuters, who were counting on a contraction of 1.5% compared to the previous month.The data previously published by the National Institute of Statistics show that in Romania industrial production was lower in October 2022 compared to September 2022, by 2.6%, as unadjusted series. Industrial production, as series adjusted for business days and seasonality was lower compared to the previous month by 0.4%. Compared to October 2021, industrial production decreased by 0.1% as unadjusted series. Industrial production, as series adjusted adjusted for business days and seasonality, was higher by 0.7%.
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
