Macroeconomics
Romania Central Bank Governor: Leu More Stable Than Currencies Used for Comparison
The leu exchange rate is showing strengthening not depreciation and, unlike the floating exchange rate policies of Hungary, Czech Republic and Poland, Romania’s central bank (BNR) kept the e...
Romanian Central Bank Raises 2021 Inflation Forecast to 5.6%
Romania’s central bank has significantly revised its inflation forecast to 5.6% at the end of 2021, instead of the 4.1% estimated in May and to 3.4% in December 2022, 0.4% more, the report o...
Romania’s Goods Trade Gap Widened by 20%, to EUR10.6B in 1H/2021
Romania’s trade balance posted a deficit of EUR10.6 billion in January-June 2021, higher by EUR1.97 billion compared with the same period of 2020, data from the country’s statistics board (I...
Romanian Central Bank Leaves Key Rate Unchanged At 1.25%
Romania's central bank decided on Friday (August 6) to hold the benchmark interest rate at a record low of 1.25% a year.
Romania Retail Sales Grow 3.2% On Month In June 2021
Retail sales in Romania, excluding vehicle sales, grew 3.2% on the month in June 2021 and by 0.1% when adjusted for seasonality and number of working days, data from the country’s statistics...
Romania Forex Reserves Grow To Record High Of EUR39B In July 2021
Romania's foreign exchange reserves grew by EUR2.17 billion to a record level of EUR39 billion in July 2021, central bank data showed Monday
Lower Than Expected Consolidated Budget Gap in Q2
Romania’s general consolidated budget posted RON19.17 billion or 1.68% of GDP deficit in the second quarter of 2021, RON10.74 billion lower than the RON29.91 billion or 2.08% of GDP forecast...
Erste Group Sees Romania’s Economy Growing 6.7% In 2021
Austria’s Erste Group, owner of Banca Comerciala Romana, on Friday released a report regarding the evolution of economies of countries in Central and Eastern Europe (CEE), in which it estima...
Romanian Unemployment Rate Inches Down To 5.2% In June 2021
Romania's seasonally adjusted unemployment rate inched down to 5.2% in June 2021 from 5.5% in May 2021, data from the country's statistics board showed Friday.