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Romania March Indus Output Sees 5th Highest Monthly Growth In EU

Romania’s industrial output posted in March the fifth biggest monthly increase in the European Union, official data showed Wednesday.
Romania March Indus Output Sees 5th Highest Monthly Growth In EU
12 mai 2010, 12:35, English

Industrial output in Romania rose 3.6% on the month in March, above the EU average growth of 1.2%, EU’s statistics office Eurostat said in a statement.

It said monthly production in the Member States rose in seventeen and fell in four. The highest increases were registered in Latvia (+9.9%), Portugal (+7.2%), Bulgaria (+4.2%) and Estonia (+3.8%), and the largest decreases in Ireland (-2.6%) and the Netherlands (-2.0%).

In March compared with the same month a year earlier, Romanian industrial production was up 5.8%, the tenth highest increase in the EU.

European Union’s average industrial output rose 6% on the year in March.

Among the Member States for which data are available, industrial production rose in eighteen and fell only in Greece (-4.5%), Denmark (-1.9%) and Bulgaria (-0.4%). The highest increases were registered in Estonia (+11.6%), Latvia (+11.4%), Poland (+11.2%) and Germany (+9.1%).