Macroeconomics
Romania Central Bank Revises Up Its Annual Inflation Forecast To 12.5% For End-2022
Romania’s central bank has revised upwards its annual inflation rate forecast to 12.5% for the end of 2022 and to 6.7% for the end of 2023, the bank’s governor Mugur Isarescu told a news con...
Romania Average Net Salary Up 5.8% In March 2022 From Previous Month
The average net salary in Romania increased by 5.8% in nominal terms in March 2022 compared with February 2022, to 3,937 lei (EUR797), data from the country's statistics board INS showed Thu...
Romania Posts Trade Deficit Of Over EUR7.1B YoY In January-March 2022
Romania's trade balance posted a deficit of over EUR7.1 billion in January-March 2022, higher by EUR1.8 billion compared with the first three months of 2021, data from the country's statisti...
Romania’s Annual Inflation Rate Soars To 13.8% In April 2022
Romania's annual inflation rate jumped to 13.8% in April 2022 compared to April 2021, data from the country's statistics board INS showed Wednesday (May 11).
Prognosis Commission Cuts Romania's 2022 GDP Growth Projection To 2.9% Amid Ukraine War
Romania’s national commission for prognosis and statistics in its spring report revised downward its projection for the country’s economic growth for 2022 to 2.9% from a previous projection...
Romania Industrial Production Prices Surge 51.7% YoY In March 2022
Industrial production prices for the domestic and non-domestic markets grew by 51.7% in March 2022 versus March 2021 and by 7% in March 2022 compared to February 2022, data from Romania’s st...
Romania Unemployment Rate Flat At 5.7% On Month In March 2022
Romania’s unemployment rate was flat on the month at 5.7% in March 2022, data from the country’s statistics institute INS shows on Monday (May 2).
Erste Group Revises Romania’s 2022 Economic Growth Forecast Downwards
Erste Group, which owns Romanian lender Banca Comerciala Romana, on Friday published a report on the economy of the Central and Eastern European countries, in which it revised its forecast f...
Govt Lowers Romania’s 2022 Economic Growth Forecast from 4.3% to 2.9%
Romania’s National Commission for Strategy and Prognosis (CNSP) has published the new economic growth forecast for 2022. The new economic growth the government expects is 2.9% instead of the...