Romania Industrial Production Rises In May

Romania’s industrial production rose in May, driven by a growth in manufacturing output, data from the National Institute of Statistics showed on Tuesday.

Industrial production rose a seasonally adjusted 15.1 percent month-on- month in May, led by a 20.6 percent growth in the manufacturing output.

Production in mining and quarrying decreased 4.3 percent in May and electricity fell 1.7 percent.

On a yearly basis, industrial production decreased a working-day adjusted 28.0 percent in May.

On an unadjusted basis, industrial production rose 22.2 percent monthly in May and fell 30.6 percent from a year ago.

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