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December 8, 2021

Romania, a monthly growth rate of industrial orders below EU average

Romania displayed in February a 0.8 per cent monthly growth rate of new industrial orders, situated below the EU 1.1 per cent average, according to data supplied by Eurostat. The indicator’s February evolution represents the second consecutive monthly ascension for Romania. In January, the value of industrial orders rose by 8.4 per cent. Of the 22 states included in the European Commission statistics bureau’s report, six have lower industrial orders figures for February, compared to preceding months, while the others are on the rise. The highest growth rates are found in Hungary (9.3 pc), Slovenia (6.3 pc) and Slovakia (5.2 pc). The slowest growth rates were reported by Estonia (0.1 pc) and Germany (4.5 pc). The biggest slumps were seen in Denmark (6.3 pc), Malta (5.8 pc) and Greece (4.5 pc). In February, compared to the same time in 2009, the value of new industrial orders rose, in Romania, by 11.1 per cent. For the Union, the indicator rose by 12.7 per cent. In the euro zone, the region which comprises the biggest economies in the EU, new industrial orders reached a 1.5 per cent higher level, at a monthly pace, and a 12.2 per cent higher one, compared to the same month in 2009.

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