Romania’s industrial production in January increased by 4.4 percent as raw series against the previous month, respectively by 0.9 percent as adjusted series considering the working days’ number and seasonality.
Industrial production prices dropped 1.2 per cent in the European Union (EU-28) and 0.9 per cent in the Eurozone in January 2015 compared to the month before, however Romania and Slovenia were the only EU member states where industrial production prices remained stable, the data published on Tuesday by the European Statistics Office (Eurostat) show.
Romania’s construction sector could grow by up to 4% annually in the next decade, said Albert Manifold, general director of the Irish cement producer CRH, cited by local Wall-street.ro.
The managers of the companies estimates for the period February-April 2015 a trend of moderate growth of the activity in manufacturing and retail, also foreseeing prices growth, as well as in constructions, the only sector where new employment is expected, the National Institute of statistics shows.
The industrial sector in Romania, which includes activities such as raw material processing, mining, energy, water and waste, registered a decline over the past four months, according to the Barometer of Industry in Romania conducted by IRSOP Market Research and the Faculty of Management within the National School of Political and Administrative Studies (SNSPA).
Industrial production prices decreased by 1.5% both in the Eurozone as well as in the rest of the European Union (EU) in December 2014 compared to December 2013, but Romania saw the lowest drop in these prices in the EU, of minus 0.5%, show the data released on Tuesday by the European Statistical Office (Eurostat).
The prices of industrial production in Romania decreased overall by 0.1% in November 2014 compared to the previous month, on the domestic market and on the foreign one having been lower by 0.2% and 0.1% respectively, the National Institute of Statistics (INS) announced on Tuesday.
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