Macroeconomics
Romania Industrial Production Inches Drops 1.1% YoY In January-November 2022
Romania’s industrial production fell by 1.1% in unadjusted data in January-November 2022 versus the same period of 2021 and by 1.6% when adjusted for seasonality and number of working days,...
Romania’s Annual Inflation Ends 2022 At 16.4% In Dec Vs 16.8% In Nov 2022
Romania ended 2022 with an annual inflation rate of 16.4% in December as compared to a record high of 16.8% in November, data from the country's statistics board INS showed on Friday (Jan 13...
CEE’s Largest Brokerage Firm Sees Romania’s Economy Growing Only 0.5% in 2023
Romania's economy will grow by only 0.5% in 2023, says Wood, the largest brokerage firm in Central and Eastern Europe, in an analysis. However, there may be pleasant surprises, Wood believes...
Finance Ministry Raises RON1.55B From Banks Via Two Govt Bond Issues On Jan 12, 2023
Romania's finance ministry raised RON1.55 billion on Thursday (January 12, 2023) through two government bond issues, at annual average yields of 7.60% and 7.49%.
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...
Romania Average Net Salary Up 3.3% In November 2022 Vs Previous Month
The average net salary in Romania increased by 3.3% in nominal terms in November 2022 compared with October 2022, to 4,141 lei (EUR839), data from the country's statistics board INS showed o...
World Bank Sees Romania’s GDP Growing By 2.6% In 2023 And By 4.2% In 2024
Romania's economy is expected to grow by 2.6% in 2023 and by 4.2% in 2024, according to the World Bank's Global Economic Prospects report.
Romania Posts Trade Deficit Of EUR31B YoY In January-November 2022
Romania's trade balance posted a deficit of EUR31 billion in January-November 2022, higher by EUR9.6 billion (+45.2%) compared with the first eleven months of 2021, data from the country's s...
Romania Unemployment Rate Inches Down To 5.4% In November 2022
Romania’s unemployment rate stood at 5.4% in November 2022, lower by 0.1 percentage points than 5.5% in October 2022, data from the country’s statistics institute INS shows on Monday (Jan 9)...