Macroeconomics
Coface: Global Economy Seems To Settle Into Stagflation
The global economy seems to be settling into a regime of “stagflation” in the short term, where economic stagnation and rapid price rises coexist and, at the same time, the possibility of a...
S&P Affirms Romania's Rating At BBB-/A-3 With Stable Outlook
International rating agency S&P maintained Romania's rating at BBB-/A-3, with a stable outlook, due to an expected improvement of the country's fiscal imbalances over the next years and to u...
Romania Current Account Deficit Rises 58% to EUR17B in Jan-Aug
Romania's current account balance posted a deficit of EUR16.9 billion in January-August 2022, higher by 58% than in the same period in 2021, central bank data published on Friday (October 14...
OTP Bank: Romania’s GDP Growth Seen Below 5% In 2022 And At 2.3% In 2023
Romania’s economic growth is slowing down as the market tries to adapt to high energy prices, with a GDP growth estimated at 5% in 2022 and at 2.3% in 2023, according to an analysis by lende...
Romania Industrial Production Drops 1.2% YoY In January-August 2022
Romania’s industrial production fell by 1.2% in unadjusted data in January-August 2022 versus the same period of 2021 and by 2% when adjusted for seasonality and number of working days, data...
Romania’s GDP Growth Revised Slightly Lower To 5.7% For 1H/2022
The national statistics institute INS on Wednesday (Oct 12) revised Romania’s economic growth slightly lower to 5.7% both in unadjusted data and in seasonally adjusted data for the first hal...
Romania Average Net Salary Drops 1.1% In August 2022 Vs Previous Month
The average net salary in Romania decreased by 1.1% in nominal terms in August 2022 compared with July 2022, to 3,933 lei (EUR797), data from the country's statistics board INS showed on Wed...
Romania’s Annual Inflation Rate Spikes To 15.9% In September 2022
Romania's annual inflation rate surged to 15.9% in September 2022 as compared to September 2021, data from the country's statistics board INS showed on Wednesday (October 12).
IMF Ups Romania’s 2022 GDP Growth Forecast To 4.8%
The International Monetary Fund (IMF) raised its forecast for Romania's 2022 economic growth to 4.8% from 3.5% projected in June 2022 and advised the country's government to reduce the fisca...