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Romania's industrial output contracts by 2.7% y/y in Q1

May 15, 2024

The industrial output index in Romania contracted by 2.7% y/y in Q1 but improved by 1% q/q (seasonally adjusted) compared to the last quarter of 2023, according to data published by the statistics office INS.

Based on March's robust industrial figures and possibly based on the positive quarterly dynamics, but also considering the above-neutral 51.2 PMI index in April, Erste Research improved its forecast for Romania's industrial production from the already optimistic value of 2.0% to 3.1%...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/romania-industrial-output-q1-2024
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