According to the Autumn Forecast in medium run 2011-2015, conducted by the National Commission for Prognosis, the growth rate of industrial output in Romania will slow down in 2012, an increase by 2.8% being estimated for 2012 as compared with an increase of 4% estimated for 2011.

For 2013, CNP estimates an industrial production growth of 3.8%, for 2014 it is 4% and for 2015, 4.4%.

In 2012, the largest growth will be recorded by the production and supply of electricity and heat at 3%. As for the processing industry it is estimated an output growth of 3.8%, while for mining the output will decrease by 0.2%, following a foreseen reduction in crude oil and natural gas extraction of 5%.

(Sourced from www.financiarul.ro)