Eurostat reports Romania third in March increase in EU industrial production

Romania was third in March in terms of annual increase in industrial production of all European Union (EU) member states, at 5.7 percent, after Ireland, with 6.9 percent, and the Netherlands, with 6.6 percent, according to the European statistical bureau, Eurostat.

According to Eurostat, the evolution of monthly industrial production was 0.7 percent in Romania, compared to a downward trend in 15 member states. Ireland had a record evolution, of 9.1 percent, and the Netherlands 2.1 percent. According to its own estimates, Luxembourg had a monthly increase of 1.6 percent.

Denmark’s industrial production dropped 6.1 percent, Portugal 6.2 percent, and Greece 5.4 percent.

Compared to February, industrial production decreased 0.2 percent in the euro zone in March and 0.1 percent in the entire EU. Year-on-year, industrial production rose 2 percent in the euro zone and 1.8 percent in the EU. (NewsIn)