Macroeconomics
Romania Central Bank Expects 9.6% Annual Inflation Rate In 2022
Romania’s central bank says the annual CPI inflation rate is projected at 9.6% in December 2022 compared with December 2021, peaking in April, once the support schemes for household consumer...
Romania Average Net Salary Up 6.4% On Month In December 2021
The average net salary in Romania increased by 6.4% in nominal terms in December 2021 compared with November 2021, to 3,879 lei (EUR785), data from the country's statistics board showed Frid...
Romania Trade Deficit Soars To Record High Of EUR23.7B In 2021
Romania's trade balance posted a record deficit of EUR23.69 billion in 2021, higher by EUR5.3 billion compared with 2020, data from the country's statistics board INS showed Wednesday.
Romania Industrial Production Prices Surge 33.3% YoY In December 2021
Industrial production prices for the domestic and non-domestic markets grew by 2.1% in December 2021 versus November 2021 and by 33.3% in December 2021 versus December 2020, data from Romani...
INS: Romania Building Permits Up 13.6% YoY In December 2021
Romanian authorities issued 4,011 residential building permits in December 2021, 2.8% more than in November 2021 and 13.6% more than in December 2020, data from the country’s statistics boar...
Romania Construction Works Drop 1.2% On Year In January-November 2021
The volume of Romanian construction works decreased, in unadjusted data, by 1.2%, in January-November 2021 as compared to the same period of 2020, and by 0.9% when adjusted to the number of...
Romania Unemployment Rate At 5.4% In December 2021
Romania's seasonally adjusted unemployment rate reached 5.4% in December 2021, higher by 0.2% percentage points as compared to November 2021, data from the country's statistics board INS sho...
Romania Posts Budget Gap Of 6.72% Of GDP In 2021
Romania's general consolidated budget posted a deficit of almost RON80 billion in 2021, or 6.72% of the gross domestic product (GDP), versus 7.1% as projected at the last budget revision in...
OECD: Romania’s GDP Growth Projected To Grow By 4.5% In 2022 And 2023
A report released Friday (Jan 28) by the Organization for Economic Co-operation and Development (OECD) shows that, according to OECD predictions, Romania’s economy grew by 6.3% in 2021 and i...