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Romania May Indus Output Sees 5th Biggest Monthly Fall In EU

Romania’s industrial production nudged down 0.2% on the month in May, the fifth largest decrease in the European Union, official data showed Wednesday.
Romania May Indus Output Sees 5th Biggest Monthly Fall In EU
Lidia Neagu
14 iul. 2010, 13:30, English

EU’s average industrial output grew by 1% in May, after a 0.5% increase a month earlier, EU’s statistics office Eurostat said.

It said industrial production rose in sixteen and fell in six member states in May. The highest increases were registered in Ireland (+7.5%), Slovenia (+4.5%), Poland and Sweden (both +3.4%), and the largest decreases in Luxembourg (-6.6%) and Portugal (-0.7%).

On an annual basis, industrial production rose in all EU states, except Greece (-6.3%) and Bulgaria (-1.7%). The highest increases were registered in Estonia (+17.2%), Luxembourg (+13.5%), Sweden (+13.4%), Latvia (+13.2%) and Germany (+13.1%).

Romania’s industrial output rose 2.7% in May compared with the same month of 2009, while the EU average was 8.7%.