EnglishA.D.
Industrial output in nominal terms (for the domestic and foreign markets) dropped 16.2% YOY, in Q1 2009, according to a press release by the Romanian National Statistics Institute. The shrinking of the industrial output was caused by the drop in manufacturing (-16.8%), and quarrying (-6.6%). Across the main industry branches, the energy industry dropped 32.9%, intermediate goods industry dropped 26.6%, the durable goods industry dropped 23.6% and the current use goods industry dropped 6.1%. The capital goods industry grew 2.5%.
Compared to the month of February 2009, industrial output increased 19.6% in total, due to manufacturing (+19.8%) and quarrying (+15.3%).
Output increased in all large industrial groups, as follows: the capital goods industry increased 29.3%, intermediate goods industry (+22.7%), energy industry (+14.8%), current use goods industry (+10.6%) and durable goods (+9.4%).
Compared to March 2008, industrial output shrank 10.6% YOY, due to drops in manufacturing (-10.9%), and quarrying (-4.1%).
Large drops were seen in the energy industry (-32.1%), durable goods industry (-23.1%), intermediate goods industry (-22.3%) and current use goods, (-4.5%). The capital goods industry grew 21.7%.
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