Macroeconomics
Romanian Leu Touches New All-Time Low At 4.9338 Versus Euro
The Romanian leu dropped to a fresh all-time low against the euro on Friday (August 20), as the central bank average reference rate stood at 4.9338 lei to the European currency.
Statistical Data: Number Of Job Vacancies Grows To 39.500 In 2Q/2021
The number of job vacancies reached a total 39.500 in the second quarter 2021, increasing by 1.100 compared with the previous quarter, data from Romania’s statistics board INS showed Wednesd...
Romania Central Bank Expects Higher Economic Growth In 2021 Vs Spring Forecast
Romania’s central bank expects the country’s economy to see a “significantly higher” growth rate in 2021 than the level previously projected, and in 2022, the economic growth is expected to...
Romania’s GDP Grows 1.8% In Q2/2021 Vs Q1/2021
Romania's gross domestic product grew 1.8% in real terms in the second quarter of 2021 compared with the first quarter of 2021, flash estimates from the country's statistics board INS showed...
Volume of Construction Works Up 10% in Romania in H1
The volume of construction works increased as gross series by 6.1% in the first half, and by 10.1% in June on the year-ago month, National Statistics Institute data published on Monday show.
Romania’s Current Account Gap Widens Almost 74% to EUR7.04B in H1
Romania’s current account balance posted a EUR7.04 billion deficit in the first half, an increase of almost 74% on the EUR4.05 billion in January-June 2020, Romania’s central bank data publi...
Romania’s External Debt Up EUR2.09B to EUR128B in H1
Romania’s external debt increased by EUR2.09 billion to EUR128.02 billion in the first half, of which the external direct public debt accounted for EUR57.7 billion, an increase of EUR400 mil...
Romania’s Industrial Output Rises 16% YoY in H1
Romania’s industrial production increased by 16% as gross series in the first half, because of rises in manufacturing (+17.8%) and the electricity, gas, steam and air conditioning supply (+1...
Romania’s Annual Inflation Rate Accelerates in July to 5%
Romania’s annual inflation rate sped up in July to 5%, while from June 2021 consumer prices were up 1.0%, in line with data from the country’s statistics board.