Macroeconomics
Romania Unemployment Rate Edges Up To 5.2% In September 2022
Romania’s unemployment rate stood at 5.2% in September 2022, higher by 0.1 percentage points than 5.1% in August 2022, data from the country’s statistics institute INS shows on Thursday (Nov...
Industrial Production Prices Surge 46.7% YoY In September 2022
Industrial production prices for the total (domestic market and non–domestic market) increased by 46.7% in September 2022 compared to September 2021, data from Romania's statistics board INS...
Romania Forex Reserves Grow to Over EUR50B for First Time Ever, in October 2022
Romania's foreign exchange reserves (foreign currency plus gold) increased to more than EUR50 billion for the first time ever, reaching EUR51.78 billion at the end of October, compared with...
Government Expects Romania’s Economy to Grow by 4.6% in 2022 and 2.8% in 2023
Romania’s government expects the country’s economy to grow by 4.6% in 2022 and 2.8% in 2023, despite the inflation, energy crisis in Europe or the coming recession in the eurozone, the Natio...
Real Estate and Construction Sector Attracts EUR12B in FDI in 2012-2021
The real estate and construction sector has attracted around EUR12 billion euros of foreign direct investments (FDI) in the last ten years, as the share of this economic activity in the over...
Romania Private Lending Rises 16% YOY in September
Private lending in Romania in September went up by 16% from September 2021, to a total volume of RON364.7 billion, after local currency lending rose by 14.3% and foreign currency lending, ex...
CFA Analysts: Inflation Likely to Start Falling Below 10% in Next 12 Months, Leu to Decline to 5.07 Units/Euro, Three-Month ROBOR To Reach 7.39% A Year
Financial analysts part of CFA Romania expect the leu to depreciate to an average exchange rate of 5.0797 unit to the euro in the next 12 months, while the forecast inflation rate will hit a...
Central Bank: Romania's Annual Inflation Rate To Remain On An Upward Path Until End-2022
Romania's annual inflation rate will continue to increase until the end of 2022, thus rising above the values estimated for the short term in the latest medium-term forecast, according to...
Romania Construction Works Up 15.7% YoY In August 2022
In August 2022, the volume of construction works rose, in unadjusted data, by 15.7% as compared to August 2021 and was up 15.6% when adjusted to the number of working days and to seasonality...