Macroeconomics
Romania Posts Trade Deficit Of EUR28.4B YoY In January-October 2022
Romania's trade balance posted a deficit of EUR28.4 billion in January-October 2022, higher by EUR9.1 billion compared with the first ten months of 2021, data from the country's statistics b...
Net Investments In Romania Top RON39B YoY In Q3/2022
Net investments in the Romanian economy grew by 13.3% in the third quarter of 2022 compared with the same period in 2021, up to RON39.356 billion, data from the country's statistics board sh...
Eurostat: Romania Had One Of The Highest Annual GDP Growth Rates In The EU, Of 4.7%, In Q3/2022
Romania had one of the highest annual economic growth rates in the European Union, of 4.7%, in the third quarter of 2022, being outpaced only by Ireland (10.6%), Croatia (5.5%), Cyprus (5.4%...
World Bank Releases Its First Report On Circular Economy In The EU
Globally, extraction of raw materials stands at over 100 billion tons, annually. This staggering figure is driven by both the persistently high levels of material consumption in high-income...
Eurostat: Romania, Among EU Countries With Significant Increase In Industrial Production Prices
The prices of the products leaving the factory gates grew by 31.2% in the European Union (EU) and by 30.8% in the euro zone, in October 2022 compared to the same period of 2021, in line with...
Romania Unemployment Rate Inches Up To 5.5% In October 2022
Romania’s unemployment rate stood at 5.5% in October 2022, higher by 0.1 percentage points than 5.4% in September 2022, data from the country’s statistics institute INS shows on Monday (Dec...
Romania Industrial Production Prices Surge 41% YoY In October 2022
Romania's industrial production prices for the total (domestic market and non–domestic market) increased by 41.1% In October 2022 compared to October 2021. data from Romania's statistics boa...
Eurostat: Romania Ranks Last In The EU By R&D Intensity
Romania placed last in the European Union by research and development (R&D) expenditure as a percentage of GDP in 2021, the statistical office of the European Union, showed on Friday (Dec 2)...
INS: Romania Building Permits Down 13% YoY In January-October 2022
Romanian authorities issued 37,790 residential building permits in January-October 2022, 13% fewer than in the same period of 2021, data from the country’s statistics board INS showed Tuesda...