New industrial orders in Romania fall 5.6% y/y in May

23 July 2026 The aggregate value of new orders received by Romania's manufacturing companies declined by 5.6% y/y in May and by 3.6% y/y in the first five months of 2026, according to data published by the National Institute of Statistics (INS). Manufacturing turnover also weakened, falling by 1.3% y/y in May and by 1.7% y/y in January-May. The deterioration came as industrial producer price inflation accelerated sharply. Overall industrial producer prices rose by 12.0% y/y in May, up from around 4%-5% before February, when crude oil prices surged following the escalation of the conflict in the Middle East. Producer prices for manufactured goods increased by 8.9% y/y. Adjusted for inflation, both new orders and turnover recorded substantially steeper declines in real terms. The sharper con