By bne IntelliNews Romania’s industrial output (chart) surged by an impressive 12.1% y/y and even more (+16.9% y/y) in the core manufacturing industry, according to data published by the statistics office. This was, however, due to the larger number of workdays. The workday-adjusted industrial output rose by only +3.6% y/y (+6.4% y/y in manufacturing), still an outstanding performance after negative annual growth rates in the previous six quarters. Besides positive signs shown by March, April industrial figures confirm a positive trend also consistent with the PMI index that has improved stead…