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CFA Romania Analysts Forecast Budget Gap of 5.8% in GDP, 6.86% Average Inflation, See Leu at 5.0607 Units/Euro in Next 12 Months
Macroeconomics

CFA Romania Analysts Forecast Budget Gap of 5.8% in GDP, 6.86% Average Inflation, See Leu at 5.0607 Units/Euro in Next 12 Months

Financial analysts part of CFA Romania association say the state budget gap estimated for 2023 will reach 5.8% in GDP, the highest value registered in the CFA survey since the start of the y...

Cristina Bellu · 26.10.2023 · 10:27 · 1 min
CFA Romania Analysts Expect 7.58% Average Inflation Rate, See Leu at 5.0753 Units/Euro In Next 12 Months, Project 2.1% GDP Growth in 2023
Macroeconomics

CFA Romania Analysts Expect 7.58% Average Inflation Rate, See Leu at 5.0753 Units/Euro In Next 12 Months, Project 2.1% GDP Growth in 2023

Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0753 units/euro in the coming 12 months, while the average inf...

Cristina Bellu · 28.09.2023 · 09:53 · 1 min
CFA Romania Analysts Project 7.52% Average Inflation Rate in Next 12 Months, See Leu at 5.0798 Units/Euro, Expect 2.8% Economic Growth in 2023
Macroeconomics

CFA Romania Analysts Project 7.52% Average Inflation Rate in Next 12 Months, See Leu at 5.0798 Units/Euro, Expect 2.8% Economic Growth in 2023

Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0798 units/euro in the coming 12 months, while the average inf...

Cristina Bellu · 25.08.2023 · 15:18 · 1 min
Statistics Board: Romania’s Economy Grows 1.7% YoY In H1/2023
Macroeconomics

Statistics Board: Romania’s Economy Grows 1.7% YoY In H1/2023

Romania’s gross domestic product (GDP) grew by 1.7% in real terms (in unadjusted data) in the first half of 2023 compared to the same period of 2022, and by 2.8% in seasonally adjusted data,...

Ecaterina Craciun · 16.08.2023 · 14:28 · 1 min
CFA Romania Analysts Anticipate 8.21% Average Inflation, See Leu at 5.0438 Units/EUR, Slash 2023 GDP Growth to 2.5%
Macroeconomics

CFA Romania Analysts Anticipate 8.21% Average Inflation, See Leu at 5.0438 Units/EUR, Slash 2023 GDP Growth to 2.5%

Financial analysts part of CFA Romania association forecast an average inflation rate of 8.21% in the next 12 months, up from 7.73% rate forecast in May, amid the high budgetary gap and tax...

Cristina Bellu · 26.07.2023 · 09:25 · 1 min
Statistics Board Upwardly Revises Romania’s 1Q/2023 GDP Growth
Macroeconomics

Statistics Board Upwardly Revises Romania’s 1Q/2023 GDP Growth

Romania’s statistics board INS upwardly reviewed the country’s economic growth for the first quarter of 2023 against the fourth quarter of 2022, to 0.2%, from 0.1% in June, but also against...

Roxana Dumitru Rosu - Mediafax · 07.07.2023 · 11:02 · 1 min
Romania Economy Growth Accelerates to 4.6% in Q4/2022
Macroeconomics

Romania Economy Growth Accelerates to 4.6% in Q4/2022

Romania's gross domestic product (GDP) grew by 4.6% in gross series in the fourth quarter of 2022, while at the level of the entire year GDP rose by 4.8%, in line with data published by the...

Roxana Dumitru Rosu - Mediafax · 14.02.2023 · 10:29 · 1 min
Prognosis Commission Sees Romania’s Economy Growing 2.8% In 2023, Inflation Dropping To 8% At End-2023
Macroeconomics

Prognosis Commission Sees Romania’s Economy Growing 2.8% In 2023, Inflation Dropping To 8% At End-2023

The National Commission for Strategy and Prognosis (CNSP) said in its winter forecast that it expects a slowdown in Romania’s economic growth to 2.8% in 2023 and a significant decline in the...

Ecaterina Craciun · 27.01.2023 · 12:34 · 1 min
Romania’s Economy Grows 1.2% In Q3/2022 Vs Q2/2022
Macroeconomics

Romania’s Economy Grows 1.2% In Q3/2022 Vs Q2/2022

Romania's gross domestic product (GDP) grew by 1.2% in real terms (in unadjusted data) in the third quarter of 2022 as compared to the second quarter of 2022, provisional (2) estimates from...

Ecaterina Craciun · 12.01.2023 · 12:33 · 1 min