Macroeconomics
Romania Industrial Production Grows 3.9% On Month In February 2022
Romania’s industrial production increased by 3.9% in unadjusted data In February 2022 compared to January 2022 and was down 1.0% when adjusted for seasonality and number of working days, dat...
Romania’s Annual Inflation Rate Spikes To 10.2% In March 2022
Romania's annual inflation rate surged to 10.2% in March 2022 compared to March 2021, data from the country's statistics board INS showed Tuesday (April 12).
Fitch Affirms Romania's BBB- Rating; Outlook Negative
International rating agency Fitch has recently affirmed Romania's sovereign long-term rating (IDR) at BBB-, keeping it at the lowest investment-grade level, but it maintained the Negative Ou...
OTP Bank Sees Romania’s GDP Growth Below 2% In 2022
OTP Bank said in a report on Monday that Romania’s economic recovery is seen slowing substantially in 2022 and the country’s GDP growth is expected to stay below 2% in 2022 as inflation erod...
Romania’s Public Debt Grows By RON20.2B To RON595.8B In Jan-Feb 2022
Romania’s public debt, in both lei and foreign currency, increased by RON20.2 billion (EUR4.1 billion) in January-February 2022, to RON596.8 billion (EUR120.6 billion), in line with finance...
Romania Average Net Salary Edges Up 0.6% On Month In February 2022
The average net salary in Romania increased by 0.6% in nominal terms in February 2022 compared with January 2022, to 3,721 lei (EUR753), data from the country's statistics board INS showed M...
Romania Posts Trade Deficit of EUR4.5B in Jan-Feb 2022
Romania’s trade balance posted a EUR4.58 billion deficit during January-February period, up by EUR1.5 billion from the year-earlier period, data from the country’s statistics board INS showe...
World Bank Cuts Romania's 2022 GDP Growth Projection To 1.9% From 4.3% Amid Ukraine War
The World Bank downwardly revised its growth forecast for Romania's economy to 1.9% for 2022 from a previous projection of 4.3% in January, as per a report analyzing Ukraine war fallout over...
Romania's GDP Grows 2.4% In 4Q/2021 Vs 4Q/2020
Romania's gross domestic product (GDP) grew by 2.4% in real terms (in unadjusted data) and by 3.9% in seasonally adjusted data in the fourth quarter of 2021 as compared to the same quarter o...