Macroeconomics
Romania Average Net Salary Edges Down 1% In May 2022 Vs Previous Month
The average net salary in Romania decreased by 1% in nominal terms in May 2022 compared with April 2022, to 3,928 lei (EUR795), data from the country's statistics board INS showed Tuesday (J...
Romania’s Annual Inflation Rate Spikes To 15.1% In June 2022
Romania's annual inflation rate accelerated to 15.1% in June 2022 compared to June 2021, data from the country's statistics board INS showed Tuesday (July 12).
Romania Posts Trade Deficit Of EUR12.7B YoY In January-May 2022
Romania's trade balance posted a deficit of EUR12.7 billion in January-May 2022, higher by EUR3.89 billion compared with the first five months of 2021, data from the country's statistics boa...
Romania's GDP Grows 5.1% In 1Q/2022 Vs 4Q/2021
Romania's gross domestic product (GDP) grew by 5.1% in real terms (in unadjusted data) in the first quarter of 2022 as compared to the fourth quarter of 2021, the country’s statistics board...
Romanian Central Bank Sees Annual Inflation On Upward Trend Until Mid-Q3/2022, But At A Visibly Slower Pace
Romania’s central bank expects the annual inflation rate will stick to an upward path until mid-Q3, yet at a visibly slower pace, thus climbing moderately above the levels projected in May 2...
INS: Romania Building Permits Down 8.6% YoY In May 2022
Romanian authorities issued 4,257 residential building permits in May 2022, 7.6% more than in April 2022 and 8.6% fewer than in May 2021, data from the country’s statistics board INS showed...
Romania Unemployment Rate At 5.4% In May 2022
Romania’s unemployment rate stood at 5.4% in May 2022, lower by 0.1 percentage points than 5.5% in April 2022, data from the country’s statistics institute INS shows on Thursday (June 30).
CFA Analysts Expect GDP Growth of 2.9% in 2022, See Leu at 5.11 Units/Euro, Annual Inflation At 9.5% in Next 12 Months
Financial analysts part of CFA Romania association expect the Romanian leu to decline to an average of 5.1125 units to the euro in the next 12 months, while the estimated inflation rate will...
Banca Transilvania Sees Romania’s Economy Growing 3.8% In 2022
Banca Transilvania, Romania’s largest lender by assets, has revised upwards the country’s economic growth forecast to 3.8% in 2022, from its previous projection of 3.5%, and versus the 2.9%...