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Romania Unemployment Rate At 5.7% In January 2022
Macroeconomics

Romania Unemployment Rate At 5.7% In January 2022

Romania's seasonally adjusted unemployment rate reached 5.7% in January 2022, data from the country's statistics board INS showed Thursday.

Ecaterina Craciun · 03.03.2022 · 11:06 · 1 min
CFA Analysts See Leu At 5.0761 Units Vs Euro, Annual Inflation At 6.32% In Next 12 Months
Macroeconomics

CFA Analysts See Leu At 5.0761 Units Vs Euro, Annual Inflation At 6.32% In Next 12 Months

Financial analysts expect the Romanian leu will depreciate to an average of 5.0761 units to the euro in the next 12 months, while inflation is seen averaging 6.32% during the same period, a...

Ecaterina Craciun · 24.02.2022 · 12:22 · 1 min
Romania Private Lending Grows 15.1% YoY To RON326B In January 2022
Macroeconomics

Romania Private Lending Grows 15.1% YoY To RON326B In January 2022

Private lending grew by 15.1% in nominal terms (6.3% in real terms) to RON326.46 billion in January 2022 compared to January 2021, as local currency lending grew by 19.5% (10.3% in real term...

Ecaterina Craciun · 23.02.2022 · 17:57 · 1 min
Central Bank: Romania's Economic Growth Expected to Decelerate Considerably in 2022 and 2023
Macroeconomics

Central Bank: Romania's Economic Growth Expected to Decelerate Considerably in 2022 and 2023

Romania’s economic growth is expected to decelerate considerably in 2022 and 2023, after having reached very high dynamics from a historical perspective in 2021, yet significantly lower than...

Loredana Frățilă-Cristescu · 21.02.2022 · 17:04 · 1 min
Banks-Insurance

Banca Comerciala Romana Revises Romania’s GDP Growth Forecast Down To 3.2% In 2022

Lender Banca Comerciala Romana (BCR) has revised its forecast on Romania’s economic growth down to 3.2% in 2022 from a previous forecast of 4%.

Ecaterina Craciun · 15.02.2022 · 18:01 · 1 min
Romania's GDP Grows 5.6% YoY In 2021
Macroeconomics

Romania's GDP Grows 5.6% YoY In 2021

Romania's gross domestic product (GDP) grew 5.6% in real terms (in unadjusted data) in 2021 compared to 2020, the country’s statistics board INS said Tuesday.

Ecaterina Craciun · 15.02.2022 · 11:22 · 1 min
Romania Current Account Deficit Widens To EUR16.95B In 2021
Macroeconomics

Romania Current Account Deficit Widens To EUR16.95B In 2021

Romania's current account balance posted a deficit of EUR16.95 billion in 2021, 55% higher than in 2020, central bank data showed Monday.

Ecaterina Craciun · 14.02.2022 · 14:43 · 1 min
Romania Industrial Production Grows 7.1% YoY In 2021
Macroeconomics

Romania Industrial Production Grows 7.1% YoY In 2021

Romania’s industrial production increased by 7.1% in unadjusted data in 2021 compared to 2020, data from the country’s statistics institute showed Monday.

Ecaterina Craciun · 14.02.2022 · 12:25 · 1 min
Romania’s Annual Inflation Rate Spikes To 8.4% In January 2022
Macroeconomics

Romania’s Annual Inflation Rate Spikes To 8.4% In January 2022

Romania's annual inflation rate climbed to 8.4% in January 2022 compared to January 2021, continuing the upward trend of December 2021 when the inflation rate advanced to 8.2%, data from the...

Ecaterina Craciun · 14.02.2022 · 11:15 · 1 min