“Therefore, productive investments may grow by 2.3% per year in 2019 and 2020, respectively, but they are expected to revive towards 3.9% in 2021”, said Radulescu.
“Statistics show the continuation of the deterioration process in the industry sector, amid an economic deceleration in the eurozone, the main economic partner, and a difficult investment climate locally, considering the challenges regarding the macroeconomic balance,” BT analysis also shows.
Data from the national statistics board INS show the industrial production fell for the third consecutive month in December, at a monthly decline rate of 0.9%. Year-over-year, the industrial production dropped 0.8% in December, the first month of decline since April 2017 and also, the worst evolution since July 2016.