Macroeconomics
INS Final Data: Romania's GDP Grows 4.2% YoY In 2019
Romania's gross domestic product (GDP) grew 4.2% in real terms in 2019 compared with 2018, final data from the country's statistics board INS confirmed Monday.
Romania Retail Sales Grow 12.4% YoY In January-August 2021
Retail sales in Romania (excluding sales of motor vehicles and motorcycles) grew by 12.4% in unadjusted data year-over-year in the first eight months of 2021 and by 11.2% when adjusted for s...
Romania Industrial Production Prices Up 15.9% YoY In August 2021
Industrial production prices for the domestic and non-domestic markets grew by 1.5% in August 2021 versus July 2021 and by 15.9% in August 2021 versus August 2020, data from Romania’s statis...
Romania Forex Reserves Drop To EUR41.2B In September 2021
Romania's foreign exchange reserves fell to EUR41.2 billion in September 2021, lower by EUR400 million than in August 2021, central bank data showed Wednesday.
INS: Romania Building Permits Up 12.5% YoY In August 2021
Romanian authorities issued 4,873 residential building permits in August 2021, 0.4% fewer than in July 2021 and 12.5% more than in August 2020, data from the country’s statistics board INS s...
Foreign Direct Investment In Romania Hit EUR3B In 2020
Romania attracted foreign direct investments (FDI) totaling EUR3 billion in 2020, after enterprises’ equity stood at EUR3.9 billion (equity worth EUR983 million plus reinvested earnings wort...
Romanian Unemployment Rate At 5.2% In August 2021
Romania's seasonally adjusted unemployment rate grew by 0.1 percentage points to 5.2% on the month in July 2021, data from the country's statistics board showed Wednesday.
Romanian Govt Seeks To Raise Minimum Net Wage To RON1,524 Starting Jan 1, 2022
Romania’s Labor Ministry is proposing raising the minimum net wage to RON1,524 (EUR307.9) starting with January 1, 2022, which translates into a 10% increase (+RON138) compared to the curren...
CFA Analysts See Leu Above 5 Units Vs Euro In Next 12 Months, Inflation At 4.38%
Financial analysts expect the Romanian leu will depreciate to over 5.0261 units to the euro in the next 12 months, while inflation is seen averaging 4.38% during the same period, a monthly p...