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Romanian Leu Touches New All-Time Low At 4.9338 Versus Euro
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.

Ecaterina Craciun · 20.08.2021 · 15:46 · 1 min
Statistical Data: Number Of Job Vacancies Grows To 39.500 In 2Q/2021
Macroeconomics

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...

Ecaterina Craciun · 18.08.2021 · 11:56 · 1 min
Romania Central Bank Expects Higher Economic Growth In 2021 Vs Spring Forecast
Macroeconomics

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...

Ecaterina Craciun · 17.08.2021 · 16:27 · 7 min
Romania’s GDP Grows 1.8% In Q2/2021 Vs Q1/2021
Macroeconomics

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...

Ecaterina Craciun · 17.08.2021 · 10:59 · 1 min
Volume of Construction Works Up 10% in Romania in H1
Macroeconomics

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.

Loredana Frățilă-Cristescu · 16.08.2021 · 11:55 · 1 min
Romania’s Current Account Gap Widens Almost 74% to EUR7.04B in H1
Macroeconomics

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...

Loredana Frățilă-Cristescu · 13.08.2021 · 14:56 · 1 min
Romania’s External Debt Up EUR2.09B to EUR128B in H1
Macroeconomics

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...

Loredana Frățilă-Cristescu · 13.08.2021 · 14:26 · 1 min
Romania’s Industrial Output Rises 16% YoY in H1
Macroeconomics

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...

Loredana Frățilă-Cristescu · 13.08.2021 · 13:36 · 1 min
Romania’s Annual Inflation Rate Accelerates in July to 5%
Macroeconomics

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.

Roxana Dumitru Rosu - Mediafax · 11.08.2021 · 10:51 · 1 min