FX.co ★ Romania Industrial Production Rises In January

Romania's industrial production expanded in January, led by the increased output in the manufacturing sector, data from the National Institute of Statistics showed on Tuesday.

Industrial production rose a seasonally and working-day adjusted 2.0 percent month-on-month in January.

Manufacturing output grew 2.4 percent monthly in January. Output in the utilities sector decreased 2.3 percent, and mining and quarrying production dropped 0.9 percent.

On a yearly basis, industrial production fell a working-day adjusted 6.1 percent in January.

On an unadjusted basis, industrial production dropped 5.4 percent yearly in January.