Romania's industrial production increased notably from last year in February, data released by the National Institute of Statistics showed Tuesday.
Industrial production, on an unadjusted basis, increased 6.8 percent year-on-year in February. Mining and quarrying production jumped 14.3 percent annually, and manufacturing output increased by 9.7 percent. Meanwhile, there was a 14.4 percent fall in the production and supply of electricity, gas, heat and air conditioning.
Sequentially, industrial output advanced a seasonally adjusted 1 percent in February. During the two months ended February, production climbed 6.4 percent from the corresponding period a year earlier, data showed.
Separately, the agency said Romania's trade deficit narrowed to a 10-year low of EUR 208.2 million in February. In February 2012, the balance was a deficit of EUR 509.3 million.
Export of goods increased 10 percent annually during the month, and imports advanced 1.3 percent. Month-on-month, exports and imports increased 4.6 percent and 2 percent respectively.
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