Macroeconomics
CFA Analysts Expect Inflation to Average 10.56% in 12 Months, See Leu at 5.06 Units/Euro
Financial analysts part of CFA Romania expect the Romanian currency to fall to an average exchange rate of 5.0652 units/EUR in the next 12 months, while the estimated inflation rate is seen...
Romania VAT Revenue Up Only 3% in October, Much Lower Than Inflation Rate
VAT revenue, the second most important resource of the state budget and a barometer for consumer spending increased by 3% in October 2022 compared with October 2021, according to the budget...
AmCham: A Prudent And Sustainable Budget Planning- The Priorities Of 2023
In the context of the 2023 state budget planning, AmCham Romania reiterates, as every year, the importance of fundamental principles that must guide this process.
Romanian Managers Expect Accentuated Price Hikes In Trade Sector Over Next Three Months
Romania expects to see a new wave of price increases over the next three months and employers talk about an “accentuated” increase in retail prices, in line with data released Monday by the...
Romania Private Lending Grows 14.7% YoY In October 2022
Private lending in Romania grew by 14.7% in nominal terms (-0.5% in real terms) in October 2022 compared with October 2021 to RON363.59 billion, as local currency lending increased by 12.4%...
Study: Romanian Managers’ Economic Confidence Falls Amid Uncertainty
Romanian managers' economic confidence decreased in the second half of 2022, nearing the level at the end of 2020, at 44.4, but remains above the level of in the similar period of 2021, acco...
Romanian Public Sector, Manufacturing Industry Account For Almost Half Of Job Vacancies In Q3/2022
The Romanian public sector accounted for 23% of total job vacancies in the third quarter of 2022 and the manufacturing industry accounted for just over one quarter of the total number of vac...
Romania Construction Works Up 26.4% YoY In Sept 2022
In September 2022, the volume of construction works in Romania rose, in unadjusted data, by 26.4% compared to September 2021 and was up 27.2% when adjusted to the number of working days and...
Romania Industrial Sales Grow 26.6% YoY In Jan-Sept 2022
Romania’s industrial sales rose 26.6% year-on-year in the first nine months of 2022, data from the country’s statistical office INS showed on Nov 14.