Macroeconomics
Romania Private Lending Grows 14.6% YoY To RON324B In 2021
Private lending grew by 14.8% in nominal terms (6.1% in real terms) to RON324 billion in 2021, as local currency lending grew by 19.6% and foreign currency lending by 3.9% when expressed in...
CFA Analysts See Leu At 5.08 Units Vs Euro, Annual Inflation At 6.06% In Next 12 Months
Financial analysts expect the Romanian leu will depreciate to an average of 5.0859 units to the euro in the next 12 months, while inflation is seen averaging 6.06% during the same period, a...
Romania’s Annual Inflation Rate Climbs to 8.2% in December 2021
Romania’s annual inflation rate climbed to 8.2% in December 2021 after having entered a slightly downward trend in November, edging down to 7.8% from 7.94% in the previous month, data from t...
Romania Current Account Gap Widens To EUR15.3B In January-November 2021
Romania's current account balance posted a deficit of EUR15.3 billion in January-November 2021, compared with a deficit of EUR9.7 billion in the same period in 2020, central bank data showed...
Romania Average Net Salary Up 2.8% On Month In November 2021
The average net salary in Romania increased by 2.8% in nominal terms in November 2021 compared with October 2021, to 3,645 lei (EUR737), data from the country's statistics board showed Thurs...
World Bank Cuts Romania’s GDP Growth Forecast To 4.3% In 2022
Romania’s economy is expected to grow by 4.3% in 2022, the World Bank said, cutting its June 2021 forecast by 0.2 percentage points, according to the World Bank's Global Economic Prospects r...
Romania Industrial Production Grows 5.4% On Month In November 2021
Romania’s industrial production increased by 5.4% in unadjusted data In November 2021 as compared to October 2021 and by 2.5% when adjusted for seasonality and number of working days, data f...
Romania's GDP Grows 0.4% In 3Q/2021 Vs 2Q/2021
Romania's gross domestic product (GDP) grew 0.4% in real terms (in unadjusted data) in the third quarter of 2021 as compared to the second quarter of 2021, the country’s statistics board INS...
Romania Posts Trade Deficit Of EUR21.3B In January-November 2021
Romania's trade balance posted a deficit of EUR21.3 billion in January-November 2021, higher by EUR4.9 billion compared with the first eleven months of 2020, data from the country's statisti...