Factory output grew in November by 3% from the same period of last year, after 13 successive months of decline, official figures from National Institute of Statistics show.
Industrial production grew for the first time since September 2008 when data indicated a 3.8% growth from the same period of 2007. Year-on-year, Romania’s output fell 3% in October 2008, 11.5% in November, and 18% in December and held steady at 12% in the early months of 2009.
In November 2009, mining output narrowed 13.2% from the same period of last year.
However, electricity, heating, hot water and air conditioning rose 11.1%, while manufacturing activity grew 3%.
Broken down by industrial groups, capital goods production rose 15.5%, intermediary goods – 5.6%, and energy output grew 1.6%, durables fell 11.8%, while non-durable consumer goods output dropped 10.5%.
In gross series, industrial production increased by 5.3% from the same period of last year.
In November, seasonally-adjusted factory output grew 1.7% compared to a month earlier, propped up by the 1.9% growth in manufacturing. Mining activity narrowed 0.3% while energy, hot water and air conditioning shrank 0.4%.
Capital goods production grew 2.5% in November from a month earlier, while intermediary goods by 1.7%.
Non-durable consumer goods production fell 2.3%, energy output declined 1.9% while durables decreased by 1.2%.
In gross series, factory output fell 4% in November from a month earlier.
Article comments "November factory output up 3%"
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