Macroeconomics
Romania’s Economy Grows 1.3% In Q3/2022 Vs Q2
Romania's gross domestic product (GDP) grew by 1.3% in real terms (in unadjusted data) in the third quarter of 2022 as compared to the second quarter of 2022, a flash estimate from the count...
Romania Central Bank Raises Year-End Inflation Forecast To 16.3% From 13.9%
Romania's central bank revised upwards its 2022 year-end inflation forecast to 16.3%, from its previous August forecast of 13.9%, central bank governor Mugur Isarescu said Monday (Nov 14) at...
Romania Current Account Deficit Surges 59% To EUR20.1B in Jan-Sept 2022
Romania's current account balance posted a deficit of EUR20.1 billion in January-September 2022, higher by 59% than in the same period in 2021, central bank data published on Monday (Nov 14)...
Romania Industrial Production Drops 1% YoY In January-September 2022
Romania’s industrial production fell by 1% in unadjusted data in January-September 2022 versus the same period of 2021 and by 1.6% when adjusted for seasonality and number of working days, d...
European Commission Lifts Romania's 2022 Economic Growth Forecast To 5.8% In 2022
Romania’s economy is expected to expand by 5.8% in 2022, as compared to a 3.9% growth rate projected in July, the European Commission (EC) said in its Autumn 2022 Economic Forecast report re...
Romania Average Net Salary Grows 1.8% In September 2022 Vs Previous Month
The average net salary in Romania increased by 1.8% in nominal terms in September 2022 compared with August 2022, to 4,003 lei (EUR818), data from the country's statistics board INS showed o...
Romania’s Annual Inflation Rate Falls Slightly To 15.3% In October 2022
Romania's annual inflation rate decreased slightly to 15.3% in October 2022 as compared to October 2021, data from the country's statistics board INS showed on Friday (Nov 11).
Romania Posts Trade Deficit Of EUR25B YoY In January-September 2022
Romania's trade balance posted a deficit of EUR25.06 billion in January-September 2022, higher by EUR8.3 billion compared with the first nine months of 2021, data from the country's statisti...
Retail Turnover Down 3.6% in September from August
Retail turnover, a barometer for private consumption, declined by 3.6% in gross series in September from August amid falling sales of foodstuffs, beverages and tobacco (by 8.3%, fuel (by 2.2...