Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Eurostat: Romania among countries with largest annual falls...

Eurostat: Romania among countries with largest annual falls in EU industrial production in January

April 11, 2024

Industrial production fell by 5.7% in the EU and by 6.7% in the euro area in January compared to the same period in 2023, with Romania among the member countries with the most severe decline, data published Wednesday by the European Statistical Office (Eurostat) show.   The drop of industrial production in the EU was determined by a decline of 10.1% of production of capital goods, of 8.1% of the production of durable goods, 3.3% of production of intermediary goods and 1.3% of production of immediate use goods. The energy production has increased by 0.6%.   Among the EU member states for which data are available, the most significant decline in January, compared to the similar period of 2023 was Ireland (minus 34.1%), Estonia (minus 8.6%), Bulgaria (minus 7.6%), Malta (minus 5.6%), Germany (minus 5.4%), Latvia (minus 5%), Hungary and the Netherlands (both with minus 4.2%), Luxembourg and Romania (both with minus 4%) and the most important growth was in Slovenia (12.2%),Greece (10.5%) and Denmark (5.3%).   In January, compared to the previous month, the industrial production dropped by 2.1% in the EU and by 3.2% in the euro zone, after an advance of 1.6% in the EU and in the euro zone in December.   The drop in EU industrial production was determined by decline of 12.8% of the production of capital goods, 0.5% of production of immediate use goods and 0.1% of production of durable use goods while it increased by 2.9% the production of intermediate use goods and by 0.6% energy production.   Among the EU member states for which the data are available, the most severed decline in January, as compared to the previous month, registered in Ireland (minus 29%), Malta (minus 9.45%) and Estonia (minus 6.6%) and the most significant advance in Poland (13.3%), Slovenia (10.6%) and Lithuania (7.2%). Romania reported a decline of 3.4% in January, after an advace of 1.6% in December.   The data published by the National Institute for Statistics (INS) show that in Romania the industrial production was reduced in January, as gross series, by 4% against the same month of the previous year, and against the previous month, the industrial production (gross series) has increased in January by 1.1%.   Industrial production fell in January on a gross basis as a result of declines in mining and quarrying (-7.5%), manufacturing (-4%) and production and supply of electricity and heat, gas, hot water and air conditioning (-2.4%).   As a working-day and seasonally adjusted series, industrial production was 3.9% lower, due to decreases in mining and quarrying (-7.4%), manufacturing (-4%) and production and supply of electricity, gas, hot water and air conditioning (-2.4%).   Against the previous month, the industrial production (gross series) has increased in January due to the advance of manufacturing industry (+2.1%) and production and supply of electricity and thermal energy, gas, hot water and air conditioned (+0.9%). In exchange, the extracting industry dropped by 10.3%.   The industrial production, adjusted series depending on the number of working days and seasonally adjusted ones was smaller than the previous month by 3.4%, as a result of the drops registered in the three industrial sectors: manufacturing industry (-3.5%), extracting industry (-2.1%) and production and electricity and thermal energy supply, gas, hot water and air conditioned (-0.3%).  

Read in full - click here
Unidentified man stole three amputated legs from Bucharest hospital, one still missing

On Monday, January 13, officials at the Cantacuzino Hospital in Bucharest alerted police that a man stole three amputated legs from the storage area. While two were later found, the third is still missing. The incident took place three days prior, on January 10, and was captured by surveillance cameras. Images published by Euronews Romania […]

Former Romanian president, PM charged again with crimes against humanity in 1990 miners’ riot case

The General Prosecutor's Office announced on Wednesday, January 15, that criminal prosecution has been initiated again against former president Ion Iliescu and ex-prime minister Petre Roman in the case targeting the violent crackdown of the protests in Bucharest's University Square on June 13-15, 1990, also known as the Mineriada (miners' riot). The two are facing […]

Survey: Majority of Romanian employees aim to change jobs in the next 6 months

Approximately 62% of employees in Romania intend to change their workplace in the next six months largely due to financial reasons, according to a survey conducted by the online recruitment platform Bestjobs. Approximately 48% of respondents intend to change their workplace because they want a better salary, 13% due to a lack of professional development […]

Roborock launches Roborock Qrevo Curv, the next generation of smart home cleaning with AI technology and pet-friendly features

Roborock, a global leader in intelligent cleaning solutions, announces the launch of its latest innovation, the Roborock Qrevo Curv, a state-of-the-art robot vacuum and mop designed to redefine home cleaning. This revolutionary product combines cutting-edge technology with an innovative cleaning system to offer an unparalleled cleaning experience for consumers. "Roborock Qrevo Curv represents a new […]

Bucharest will adopt ‘Icelandic model’ to prevent drug use among youths, mayor says

Bucharest mayor Nicușor Dan announced that his administration will draw inspiration from the Icelandic model to combat and prevent drug use among young people.  The mayor also stated that building a medical facility dedicated to those struggling with addiction is being considered, using spaces belonging to Colentina or Obregia hospitals.  “As Bucharest residents decided through a […]

Watch: Romanian firefighters rescue young deer from icy water

A young deer trapped in the icy waters of a pond near Fălticeni, Suceava county, was recently saved by a team of firefighters.  According to the Emergency Situations Inspectorate, which shared a short video of the rescue mission, the fawn had attempted to cross the frozen pond, but the thin ice cracked beneath its weight, […]