Macroeconomics
Number of Job Vacancies up 16% in Q2, 2022 vs Q2, 2021
The number of job vacancies in Romania increased by more than 16% in the second quarter of 2022 compared with the year-earlier period, going from 39,504 to 45,976, National Statistics Instit...
Eurostat: Romania Posts Second Lowest Annual Inflation Rate In The EU In July 2022
Romania, with an annual inflation rate of 13% in July 2022 (based upon the harmonized consumer price index of the European Commission), has the second lowest rate in the European Union (EU),...
Eurostat: Annual Inflation At 8.9% In Euro Area, 9.8% In EU And 13% In Romania In July 2022
The annual inflation rate in the European Union was 9.8% in July 2022, up from 9.6% in June 2022 and from 2.5% in July 2021. In Romania, the annual inflation was 13% in July 2022, in line wi...
Romanian Leu Keeps Gaining Ground Vs Euro, Exchange Rate At 4.87
The Romanian leu has further gained ground against the euro by midday Thursday (August 18) and the central bank set the leu’s reference rate versus the euro at 4.8793.
Romania Construction Works Up 4.3% YoY In 1H/2022
The volume of Romanian construction works increased, in unadjusted data, by 4.3%, in January-June 2022 as compared to the same period of 2021, and by 1.9% when adjusted to the number of work...
Romania's GDP Grows 2.1% In 2Q/2022 Vs 1Q/2022
Romania's gross domestic product (GDP) grew by 2.1% in real terms (in unadjusted data) in the second quarter of 2022 as compared to the first quarter of 2022, the country’s statistics board...
Economic Forecast Commission Revises Up Romania's 2022 GDP Growth Projection To 3.5% From 2.9%
Romania's national strategy and forecast commission has revised upward its 2022 gross domestic product (GDP) growth estimate to 3.5% from 2.9% against the backdrop of improved economic perfo...
Romania’s Current Account Deficit Rises 71% YoY to EUR12.2B in H1
Romania's current account balance posted a deficit of EUR12.2 in January-June 2022, higher by almost 71% on the EUR7.2 billion in the year-ago period, central bank data published on Friday (...
CFA: Romania’s Inflation Rate To Stay In Double-Digit Territory At Least For The Next 12 Months
Financial analysts expect the Romanian leu will depreciate to an average of 5.1165 units to the euro in the next 12 months, while inflation is seen averaging 11.7% during the same period, a...