Macroeconomics
Romania Retail Sales Grow 0.6% on Month in February
Retail sales in Romania grew 0.2% on the month in February and 0.6% when adjusted for seasonality and number of working days, as sales of non-food items grew 0.2%, food sales grew 2.8% and f...
Romania Forex Reserves Grow to EUR35.709B in March
Romania's foreign exchange reserves grew to EUR35.709 billion at the end of March from EUR35.139 billion at the end of February, central bank data showed Thursday.
World Bank Sees Romania’s GDP Growing 4.3% In 2021 And 4.1% In 2022
The World Bank expects Romania's economy to grow 4.3% in 2021 and 4.1% in 2022, after contracting 3.9% 2020, while the inflation is expected to grow to 3%, compared with 2.6% in 2020, per a...
INS: Average Annual Number Of Job Vacancies In Romania Drops To 37,700 In 2020
In 2020, the average annual number of job vacancies in Romania was 37,700, decreasing by 16,100 compared to the previous year. The average annual job vacancy rate was 0.77%, lower by 0.32 pe...
Romania Posts Budget Deficit Of 1.14% Of GDP In January-February 2021
Romania's general consolidated budget posted a deficit of RON12.76 billion in January-February 2021, or 1.14% of the gross domestic product (GDP), finance ministry data showed Tuesday.
Romania Raises Eurobond Issuance Cap to EUR46B from EUR41B
Romania's finance ministry has raised the ceiling on the Medium Term Notes program to EUR46 billion from EUR41 billion to cover the country's financing needs this year.
Romania Unemployment Rate Stays at 5.2% in 4Q/2020
Romania's seasonally adjusted unemployment rate stood at 5.2% in the fourth quarter of 2020, unchanged compared with the third quarter, data from the country's statistics board showed Friday...
Analysts See Romanian Inflation Growing to 3.29% in 12 Months
Nearly 70% of analysts polled by CFA Romania expect Romania's inflation rate to grow to an average of 3.29% over the next 12 months, and over 87% estimate the leu will depreciate against the...
Banca Transilvania Sees Romania’s Economy Growing 5% In 2021 And 6% In 2022
Banca Transilvania has revised its short and medium-term projections for Romania’s economy, expecting the country’s gross domestic product (GDP) to grow by 5% in 2021, productive investments...