Macroeconomics
Romania Retail Sales Inch Up 0.1% On Month In February 2022
Retail sales in Romania, excluding vehicle and motorcycle sales, inched up 0.1% in unadjusted data in February 2022 compared to January 2022, data from the country’s statistics institute INS...
EBRD Cuts Romania’s 2022 Economic Growth Forecast To 2.8%
The European Bank for Reconstruction and Development (EBRD) said in an analysis on Thursday that it expects Romania’s economy to grow by 2.8% in 2022, lowering its November forecast that poi...
Romania Unemployment Rate At 5.7% In February 2022
Romania's seasonally adjusted unemployment rate reached 5.7% in February 2022, the same level as in January 2022, data from the country's statistics board INS showed Thursday.
CFA Analysts Expect GDP Growth Of 3.5% In 2022, See Leu At 5.1 Units Vs Euro, Annual Inflation At 7.28% In Next 12 Months
Financial analysts expect the Romanian leu will depreciate to an average of 5.1029 units to the euro in the next 12 months, while inflation is seen averaging 7.28% during the same period, a...
Romania’s Budget Deficit Down 25% to RON9.5B in Jan-Feb 2022
Romania’s general consolidated budget posted almost RON9.51 billion deficit in the first two months of 2022, 25% lower than the RON12.76 billion in the year-ago period, the Finance Ministry...
Romania Private Lending Grows 15.8% YoY To RON330.7B In February 2022
Private lending grew by 15.8% in nominal terms (6.7% in real terms) to RON330.7 billion in February 2022 compared to February 2021, as local currency lending grew by 20.1% (10.7% in real ter...
Romania Unemployment Rate At 5.9% In 4Q/2021
Romania's seasonally adjusted unemployment rate reached 5.9% in the fourth quarter of 2021, higher by 0.6 percentage points as compared with the one recorded for the third quarter, data from...
Banca Transilvania Sees Romania’s Economy Growing 3.5% In 2022
Banca Transilvania, Romania’s largest lender by assets, has revised the country’s economic growth forecast to 3.5% in 2022, from a previous projection of 5.1%, and the gross domestic product...
Romania Ends Jan 2022 With Current Account Deficit Of EUR815M Vs Surplus Of EUR9M In Jan 2021
Romania's current account balance posted a deficit of EUR815 million in January 2022, compared to a surplus of EUR9 million in January 2021, central bank data showed Wednesday.