Romania’s industrial figures confirm subdued economic activity in August

Romania’s industrial figures confirm subdued economic activity in August

Romania’s industrial production index plunged by 4.2% y/y in August, marking one of the most significant annual declines in the past year and a half and witnessing subdued economic activity in the month. The manufacturing sector’s output contracted by 4.5% y/y. The industrial slowdown hasn’t come as a surprise after Romania’s exports and imports posted…