Macroeconomics
Fitch Affirms Romania's BBB- Rating; Outlook Negative
International rating agency Fitch has affirmed the BBB- rating for Romania's long-term forex issuer Individual Default Rating and the negative outlook, thus keeping the country's Eurobonds j...
Romania Posts Trade Deficit Of EUR22B YoY In January-August 2022
Romania's trade balance posted a deficit of EUR22 billion in January-August 2022, higher by EUR7.381 billion compared with the first eight months of 2021, data from the country's statistics...
Statistics: Romania Retail Sales Up 4.8% YoY In January-August 2022
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) grew by 4.8% in unadjusted data and by 5.9% when adjusted to the number of working days and to season...
Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative...
Romania Industrial Production Prices Soar 53% YoY In August 2022
Industrial production prices for the domestic and non-domestic markets grew by 53% in August 2022 versus August 2021, data from Romania’s statistics board INS showed on Tuesday (Oct 3).
Foreign Direct Investment In Romania Hit EUR8.9B In 2021
Romania attracted foreign direct investments (FDI) totaling EUR8.9 billion in 2021, with enterprises’ equity standing at EUR6.7 billion (equity capital worth EUR2.16 billion, plus reinvestme...
INS: Romania Building Permits Down 10.5% YoY In January-August 2022
Romanian authorities issued 30,620 residential building permits in January-August 2022, 10.5% fewer than in the same period of 2021, data from the country’s statistics board INS showed Frida...
Romania Unemployment Rate Edges Down To 5.1% In August 2022
Romania’s unemployment rate stood at 5.1% in August 2022, lower by 0.1 percentage points than 5.2% in July 2022, data from the country’s statistics institute INS shows on Friday (Sept 30).
EBRD Revises Up Romania’s GDP Growth Forecast To 5.4% In 2022
The European Bank for Reconstruction and Development (EBRD) on Wednesday (Sept 28) revised upwards its forecast on Romania’s economic growth to 5.4% in 2022 from a previous projection of 2.5...