Romania's industrial production fell by 1.7% in the first five months of this year, compared to the same period in 2023, as unadjusted series, according to the data published by the National Institute of Statistics (INS) on Friday.
According to official statistics, between January 1 and May 31, 2024, three sectors of activity reported decreases: the production and supply of electricity and thermal energy, gas, hot water and air conditioning (-6.5%), the manufacturing industry (-1 .0%) and the extractive industry (-0.7%).
At the same time, as adjusted series, depending on the number of working days and seasonality, industrial production decreased by 1.2%, as a result of the decreases in the production and supply of electricity and thermal energy, gas, hot water and air conditioning (-7 .1%), the extractive industry (-0.7%) and the processing industry (-0.5%).
INS data reveals that, compared to the corresponding month of the previous year, in May 2024, industrial production (unadjusted series) decreased by 11.1%, due to the activities in the industrial sectors: the production and supply of electricity and thermal energy, gas, water heating and air conditioning (-12.1%), the processing industry (-11.5%) and the extractive industry (-1.8%).
Also, in the same reference interval, as adjusted series, industrial production recorded a 6.5% setback, due to the production and supply of electricity and thermal energy, gas, hot water and air conditioning (-11.2%) , the processing industry (-6.5%) and the extractive industry (-1.4%).
According to the quoted source, in May of this year, compared to April 2024, industrial production (unadjusted series) decreased by 8.8%, and by 6.3% as adjusted series.
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