Romania: Industrial output growth moderates in November
Industrial production grew 0.4% year-on-year in November, easing from October’s 0.9% November’s result largely reflected expanding electricity supply output.
On a monthly basis, industrial output fell 0.6% in seasonally-adjusted terms in November, contrasting October’s 1.8% expansion, and contracting for the first time since April. Meanwhile, the trend improved, with the annual average variation of industrial production coming in at minus 10.2% in November, up from October’s minus 10.8% reading.