Macroeconomics
Eurostat: Romania Sees Tenth Lowest Youth Unemployment Rate In The EU In 2020
Romania recorded the tenth lowest youth unemployment rate among Member States of the European Union, in 2020, data from Eurostat, the statistical office of the European Union, showed Friday.
Romania Retail Sales Up 12.5% in January-July
Retail sales in Romania, excluding vehicle sales, grew by 12.5% in the first seven months of the year on the year-ago period, and 7.6% in July on the year-ago month, National Statistics Inst...
Prognosis Commission Sees Jobless Rate Falling To 4.8%, Employee Numbers Rising 1.4%, Average Net Wage Up 7.2%
Romania’s National Strategy and Prognosis Commission said in its summer forecast that it expects the country’s unemployment rate to reach 4.8% in 2021, lower by 0.2 percentage points than th...
Leu Tumbles To Fresh All-Time Low Of 4.9386 Versus Euro
The Romanian leu plunged to a new all-time low against the euro on Thursday (September 2), as the central bank average reference rate stood at 4.9386 lei to the European currency.
Romania Industrial Production Prices Up Nearly 14% YoY In July 2021
Industrial production prices for the domestic and non-domestic markets grew by 2.3% in July 2021 versus June 2021 and by nearly 14% in July 2021 versus July 2020, data from Romania’s statist...
Romania Forex Reserves Grow To EUR41.6B In August 2021
Romania's foreign exchange reserves grew by EUR2.6 billion to EUR41.6 billion on the month in August 2021, central bank data showed Wednesday.
Romanian Unemployment Rate At 5.1% In July 2021
Romania's seasonally adjusted unemployment rate grew by 0.1 percentage points to 5.1% on the month in July 2021, data from the country's statistics board showed Wednesday.
Romanian Leu Hits Fresh All-Time Low At 4.9349 Versus Euro
The Romanian leu plunged to a new all-time low against the euro on Monday (August 30), as the central bank average reference rate stood at 4.9349 lei to the European currency.
Romania's Budget Gap Reaches 2.89% Of GDP In January-July 2021
Romania's general consolidated budget posted a deficit of RON33.97 billion in January-July 2021, or 2.89% of the gross domestic product, lower than RON49.68 billion, or 4.71% of GDP, in the...