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March 22, 2023

Romania among EU states reporting industrial production growth

At EU level only Estonia, Slovakia, Romania and the Czech Republic reported month-on-month growth in industrial production in September, while the EU reported an overall 2.3 per cent drop and the Euro Area an overall 2.5 per cent drop, Eurostat informs. Industrial production registered month-on-month growth in four states, stagnated in the Netherlands and dropped in 18 other countries. The largest hikes were reported by Estonia (2 per cent) and Slovakia (1.4 per cent), followed by Romania (0.6 per cent) and the Czech Republic (0.1 per cent). The countries that reported the steepest drops were Ireland (-12.6 per cent), Portugal (-12 per cent), Greece (-4.4 per cent) and Sweden (-3.4 per cent). Compared to September last year, industrial production grew in six EU states and dropped in 17. Romania is among the states that reported year-on-year growth too, however its growth was among the lowest.

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