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Industrial production slows down in Romania
09.12.2010, 00:13 | Economy | 1016 views
Industrial production, one of the leading indicators in the economy, continued to rise in October, but slowed down its pace to 2%. According to data from the National Statistics Institute, industrial production went up by 2% in October against October 2009, one of the lowest rates. Industrial output was flat compared with September. The slowdown of industrial growth in the last few months of the year was anticipated by analysts considering the continuous deterioration of economic operators' expectations and the slow recovery of Romania's main foreign trade partners. Read more on ZF.ro
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