BUSINESS

Romania, EU’s 2nd highest increase in industrial production in January

Industrial production grew by 2.1 percent in the euro zone and by 2.4 percent in the EU28 in January 2014, compared with January 2013, with the highest increases being registered in Luxembourg and Romania, show figures released on Wednesday by Eurostat, the statistical office of the EU. The highest increases in industrial production were registered in Luxembourg (+12.7 percent), Romania (+10.5 percent), Poland (+6.4 percent) and Hungary (+6.1 percent), and the largest decreases in Malta (-12 percent), Latvia (-11 percent), Lithuania (-7.6 percent) and Finland (-7.1 percent). In January 2014 compared with December 2013, industrial production fell by 0.2 percent in the euro zone and rose by 0.1 percent in the EU. The highest increases were recorded in Croatia (+5.4 percent), Estonia (+4.3 percent) and Hungary (+3.1 percent) and the largest decreases in industrial production were registered in Latvia (-10.7 percent), the Netherlands (-6.4 percent), Finland (-3.5 percent) and Lithuania (-2.8 percent).

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