Romania’s industrial output, unadjusted figures, down 5.5pc in 2009

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Romania’s industrial output unadjusted series was down 5.5 percent overall in 2009, while industrial output adjusted for business days and seasonality was down 5.7 percent, according to provisional data released on Friday by the National Statistics Institute (INS).

Most large industrial groups reported annual decline in most of the goods category. Thus the industry of durables went down 15.7 percent; intermediary goods were down 9.5 percent; consumer goods 8.4 percent and capital goods 1.1 percent, while output in the energy industry was up 0.3 percent.

Industrial output unadjusted series was down 12.9 percent in December 2009 on a monthly basis, yet up 11.6 percent year on year.
In December 2009, most large industrial groups reported monthly decline in most of the goods category. Thus intermediary goods were down 22.9 percent; capital goods 21 percent; durables 18.3 percent and consumer goods 2.8 percent.

At the same time, output in the energy industry in December 2009 was up 7.7 percent on a monthly basis. Although December 2009 witnessed an overall drop in industrial output unadjusted series from the month before, when compared with December 2008 a rise of 11.6 percent is visible as a result of a 17.7 percent rise in the output and supply of electricity, heat, natural gas, hot water and air conditioning and a 13.1 percent increase in the processing industries.

December 2008 industrial output figures adjusted for business days and seasonality were up 8.3 percent from December 2008. By large industrial groups, the highest rise was reported in capital goods (35.5 percent), followed by intermediary goods (12.3 percent) and energy (10.8 percent). Also in adjusted terms, the largest decline, of 14.4 percent, was reported in durables.

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