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Romania’s Central Bank Expects Inflation To Drop To 4% In December 2024 And 3.4% At End Of 2025
Macroeconomics

Romania’s Central Bank Expects Inflation To Drop To 4% In December 2024 And 3.4% At End Of 2025

Romania’s central bank expects the inflation to go down to 4% in December 2024 and 3.4% in the last month of 2025, a better outlook than in the previous forecast, particularly for the end of...

Loredana Frățilă-Cristescu · 20.08.2024 · 18:43 · 4 min
Franke Romania Eyes 10% Increase In Turnover In 2024, To RON54M
Companies

Franke Romania Eyes 10% Increase In Turnover In 2024, To RON54M

Franke Romania, the local subsidiary of the Swiss group by the same name, has budgeted a turnover of RON54 million for 2024, up 10% from 2023, but slightly lower than in 2022.

Ecaterina Craciun · 17.07.2024 · 21:59 · 1 min
IMF Sees Romania’s GDP Growth At 2.8% And Inflation At 6% In 2024
Macroeconomics

IMF Sees Romania’s GDP Growth At 2.8% And Inflation At 6% In 2024

International Monetary Fund (IMF) has revised its actual economic growth forecast for Romania downwards to 2.8% in 2024 from the 3.8% estimated in the October 2023 forecast, its latest “Worl...

Loredana Frățilă-Cristescu · 16.04.2024 · 20:11 · 1 min
Financial Analysts See Romania’s Economic Growth At Over 2% in 2024
Macroeconomics

Financial Analysts See Romania’s Economic Growth At Over 2% in 2024

Romania’s economic growth will reach 2% to 2.5% in 2024, most chartered financial analysts at the CFA Forecast Dinner organized by the CFA association agreed.

Loredana Frățilă-Cristescu · 19.02.2024 · 19:20 · 1 min
World Bank Revises Romania’s Economic Growth Forecast Downwards To 1.8% For 2023 And To 3.3% For 2024
Macroeconomics

World Bank Revises Romania’s Economic Growth Forecast Downwards To 1.8% For 2023 And To 3.3% For 2024

The World Bank has revised its projection for Romania's economic growth downwards to 1.8% for 2023 and to 3.3% for 2024, respectively, according to January 2024 edition of the World Bank's G...

Ecaterina Craciun · 10.01.2024 · 20:55 · 1 min
Footwear Retailer Benvenuti Sees Romanian Market Cooling Down Or Even Shrinking Slightly In 2024
Companies

Footwear Retailer Benvenuti Sees Romanian Market Cooling Down Or Even Shrinking Slightly In 2024

Footwear retailer Benvenuti, held by local entrepreneur Dan Pavel, expects the local market to temper its growth in 2024 or even to fall slightly compared with 2023, due to price increases f...

Ecaterina Craciun · 09.01.2024 · 23:51 · 1 min
iBanFirst Analysts Predict Slight Depreciation Of Romanian Leu Vs Euro In Q1/2024 Amid Romania's Frail Economic Growth
Macroeconomics

iBanFirst Analysts Predict Slight Depreciation Of Romanian Leu Vs Euro In Q1/2024 Amid Romania's Frail Economic Growth

iBanFirst analysts expect a slight depreciation trend for the Romanian leu (RON) versus the euro and dollar in the first quarter of 2024, amid weak growth of the Romanian economy.

Ecaterina Craciun · 08.01.2024 · 14:42 · 2 min
INS: Romanian Execs Expect Relative Stability In Manufacturing, Retail, Services In Nov 2023-Jan 2024
Companies

INS: Romanian Execs Expect Relative Stability In Manufacturing, Retail, Services In Nov 2023-Jan 2024

Romanian executives forecast a period of stability for the activity in the manufacturing industry, retail trade and services sectors for the November 2023 and January 2024 period, in line wi...

Ecaterina Craciun · 28.11.2023 · 15:06 · 1 min
Sources: Government To Revise 2023 Economic Growth Forecast Downwards
Macroeconomics

Sources: Government To Revise 2023 Economic Growth Forecast Downwards

Romania’s government will revise the 2023 economic forecast downwards but stick with an over 2% growth, more optimistic than that of international institutions like the World Bank or the Int...

Loredana Frățilă-Cristescu · 17.10.2023 · 20:13 · 1 min