Industrial production grows by 1.6 pct in first 11 months of last year

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Industrial output was 1.6 pct bigger as a gross series and 0.4 pct bigger as an adjusted series, depending on working days and seasonality, in the first 11 months of 2016, when compared with the similar period of 2015, according to a press release of the National Institute for Statistics (INS) sent to AGERPRES on Thursday.

During the interval January 1 — November 30, 2016, as compared to the same interval in 2015, industrial output (as a gross series) was 1.6 pct higher, being supported by the growth of the manufacturing industry (+2.5 pct).

The mining industry dropped by 16.5 pct while the production and supply of electricity and heat, gas, steam and air conditioning decreased by 2.0 pct.

Industrial output, as adjusted series, based on number of working days and seasonally adjusted series, increased by 0.4 pct, as a consequence of the manufacturing industry growth (+3.4 pct).

The mining industry and the production and supply of electricity and heat, gas, steam and air conditioning dropped by 16.5 pct, respectively by 2.6 pct, mentions INS.

In November 2016, industrial production outgrew the previous month, both as a gross series and as an adjusted series, depending on the number of working days and seasonality by 1.5 pct, respectively by 0.6 pct. As compared to the corresponding month of the previous year, production grew by 5.3 pct as gross series and by 1.5 pct as a seasonally adjusted series. AGERPRES (RO — author: Florin Barbuta, editor: Oana Tilica; EN — author: Simona Iacob, editor: Razvan-Adrian Pandea)

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