Macroeconomics
BNR Warns About Fiscal Policy Stance
Romania’s central bank (BNR) warns about the Government’s fiscal policy stance, which is likely to jeopardize budget consolidation. Romania has a high budget deficit, which will be very diff...
Romania Construction Works Drop 5.8% On Year In August 2021
The volume of Romanian construction works decreased, in unadjusted data, by 5.8%, in August 2021 compared to August 2021, and by 5.2% when adjusted to the number of working days and to seaso...
Romania’s Current Account Deficit Up 55% in January-August 2021
Romania’s current account balance ended January-August 2021 with an EUR10.1 billion deficit, 55% higher than the EUR6.5 billion in January-August 2020, Romania’s central bank data show.
Romania’s Total External Debt Up EUR8.4B to EUR135B in January-August
Romania’s total external debt increased by EUR8.4 billion to EUR135.2 billion in January-August 2021, of which direct public debt accounted for EUR60.7 billion, EUR3.46 billion more than at...
Romania Industrial Production Grows 12.7% YoY In January-August 2021
Romania’s industrial production increased by 12.7% in unadjusted data in January-August 2021 compared to the same period in 2020, and by 13.1% when adjusted for seasonality and number of wor...
Romania Average Net Salary Drops 1.6% On Month In August 2021
The average net salary in Romania fell by 1.6% in nominal terms in August 2021 compared with July 2021, to 3,487 lei (EUR704.6), data from the country's statistics board showed Tuesday.
Romania's Annual Inflation Rate Surges To 6.3% In September 2021
Romania's annual inflation rate kept its upward trend in September 2021, surging to 6.3%, higher than 5.3% in August 2021, data from the country's statistics board showed Tuesday.
Romania Posts Trade Deficit Of EUR14.6B In January-August 2021
Romania's trade balance posted a deficit of EUR14.6 billion in January-August 2021, higher by EUR3 billion compared with the first eight months of 2020, data from the country's statistics bo...
Romania's GDP Grows 13.9% In 2Q/2021 Vs 2Q/2020
Romania's gross domestic product (GDP) grew 13.9% in real terms (in unadjusted data) in the second quarter of 2021 compared with the second quarter of 2020, data from the country’s statistic...