Macroeconomics
Romanian Central Bank Raises 2021 Inflation Forecast to 4.1%
Romania's central bank has revised its inflation forecast for the end of 2021 to 4.1%, from its previous projection of 3.4%, it said in its May Inflation Report released Friday.
Romania Average Net Salary Grows 5.4% On Month In March 2021
The average net salary in Romania grew 5.4% in nominal terms in March 2021 compared with February 2021, to 3,547 lei (around EUR720), data from the country's statistics board showed Thursday...
Romania’s Annual Inflation Rate Hits 3.2% In April 2021
Romania's annual inflation rate stood at 3.2% in April 2021 compared with April 2020, data from the country's statistics board showed Thursday.
Romanian Central Bank Holds Key Rate at 1.25%
Romania's central bank on Wednesday decided to hold the benchmark interest rate at a record low of 1.25% a year, as inflation spiked above 3% since the beginning of the year on higher energy...
EC Lifts Romania's 2021 Economic Growth Projection to 5.1% in Spring Forecast
Romania's gross domestic product is forecast to grow by 5.1% in real terms in 2021 and by 4.9% in 2022, the European Commission said in its Spring 2021 Economic Forecast released Wednesday.
Romania Industrial Production Grows 13.4% YoY In March 2021
Romania’s industrial production increased by 13% as gross series compared to the previous month and by 0.7% as series adjusted by number of working days and seasonality, the country’s statis...
Romania Posts Trade Deficit Of EUR5.3B In January-March 2021
Romania's trade balance posted a deficit of EUR5.3 billion in January-March 2021, higher by EUR863 million compared with the first three months of 2020, data from the country's statistics bo...
IMF Mission Reviews Romania Under Article IV in May
An International Monetary Fund team headed by Jan Kees Martijn, IMF mission chief for Romania, will visit Bucharest virtually between May 10 and May 28, 2021 to undertake the annual review o...
Romania Retail Sales Grow 13.3% on Month in March
Retail sales in Romania, excluding vehicle sales, grew 13.3% on the month in March and by 2.3% when adjusted for seasonality and number of working days, data from the country’s statistics in...