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Statistics Board Reconfirms Romania’s 2.3% GDP Growth In Q1/2023 Vs Q1/2022
Macroeconomics

Statistics Board Reconfirms Romania’s 2.3% GDP Growth In Q1/2023 Vs Q1/2022

Romania’s gross domestic product grew by 2.3% in real terms (in unadjusted data) in the first quarter of 2023 as compared to the first quarter of 2022, due primarily to commerce, IT&C, const...

Ecaterina Craciun · 08.06.2023 · 15:28 · 2 min
INS: Romania's Hourly Labor Costs Up 2.29% In Q1/2023 Vs Q4/2022
Macroeconomics

INS: Romania's Hourly Labor Costs Up 2.29% In Q1/2023 Vs Q4/2022

Romania's hourly labor costs adjusted to the number of working days increased by 2.29% in the first quarter of 2023 compared to the fourth quarter of 2022, in line with data from the country...

Ecaterina Craciun · 07.06.2023 · 11:55 · 1 min
INS: Romania's Average Income/Household At RON6.464; Average Expenditure/Household At RON5.611 In 2022
Macroeconomics

INS: Romania's Average Income/Household At RON6.464; Average Expenditure/Household At RON5.611 In 2022

Romania's total monthly average income was RON6.464 per household (RON2.575 per person), in nominal terms, in 2022, higher by 13.8% and by 14.8%, respectively, compared to 2021, in line with...

Ecaterina Craciun · 07.06.2023 · 11:37 · 2 min
INS: Tourist Arrivals In Romania Grow 19.9% YoY In April 2022
Macroeconomics

INS: Tourist Arrivals In Romania Grow 19.9% YoY In April 2022

Arrivals at Romanian tourism accommodation establishments, including apartments and rooms for rent, grew by 19.9% in April 2023 to 894,300 compared to April 2022 and overnight stays grew 18....

Ecaterina Craciun · 07.06.2023 · 10:30 · 1 min
INS: Romania Retail Sales Drop 1.6% YoY In March 2023
Macroeconomics

INS: Romania Retail Sales Drop 1.6% YoY In March 2023

Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) decreased by 1.6% in unadjusted data and by 1.5% when adjusted for seasonality and number of working...

Ecaterina Craciun · 06.06.2023 · 16:47 · 2 min
INS: Romania Construction Works Up 12.7% in 1Q/2023 vs 1Q/2022
Macroeconomics

INS: Romania Construction Works Up 12.7% in 1Q/2023 vs 1Q/2022

The volume of construction works in Romania went up by 12.7% in the first three months of this year against the year-earlier period, in line with data from the country’s statistics board INS...

Roxana Dumitru Rosu - Mediafax · 22.05.2023 · 10:16 · 1 min
INS: Romania Retail Sales Grow 7.3% YoY In March 2023
Macroeconomics

INS: Romania Retail Sales Grow 7.3% YoY In March 2023

Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 7.3% in unadjusted data and by 6.7% when adjusted for seasonality and number of working...

Ecaterina Craciun · 05.05.2023 · 14:00 · 1 min
INS: New Passenger Vehicle Registrations Up 3.5% YoY In Q1/2023
Automotive

INS: New Passenger Vehicle Registrations Up 3.5% YoY In Q1/2023

New registrations of road vehicles for passenger transport in Romania increased by 3.5% In the first quarter of 2023 compared to the first quarter of 2022, data from the country’s statistics...

Ecaterina Craciun · 05.05.2023 · 13:04 · 2 min
Romania Ends 2022 with 5.6% Unemployment Rate, Flat from 2021
Macroeconomics

Romania Ends 2022 with 5.6% Unemployment Rate, Flat from 2021

Romania in 2022 registered a 5.6% unemployment rate (464,400 persons), a level similar to the 2021 one, as the employment rate for people aged between 20-64 reached 68.5%, up 1.4% from the p...

Cristina Bellu · 20.04.2023 · 11:01 · 1 min