Industrial production declines 5pct seven months into 2023

Romania's industrial production declined 5% unadjusted and 5.1% when adjusted for working days and seasonality in the first seven months of 2023, y-oy, show data published on Wednesday by the National Institute of Statistics (INS).The decreases at the end of July 2023 are the result of decreases in the production and supply of electricity and thermal energy, gas, steam and air conditioning (-11.2%) and the manufacturing industry (-4, 4%). On the other hand, ...

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