Macroeconomics
Romania's Public Debt Hit 47.8% Of GDP End-Jan 2021, At RON503.6B
Romania's public debt reached RON503.6 billion at the end of January 2021, accounting for 47.8% of the gross domestic product (GDP), and exceeding for the first time the RON500 billion thres...
Romanian Central Bank Raises 2021 Inflation Forecast to 3.4%
Romania's central bank has revised its inflation forecast for the end of 2021 to 3.4% from a previous projection of 2.5%, it said in its March Inflation Report released Tuesday.
Romania Posts Current Account Deficit of EUR239M in January
Romania's current account balance posted a deficit of EUR239 million in January, compared with a deficit of EUR377 million in January 2020, central bank data showed Tuesday.
Romanian Central Bank Leaves Key Rate Unchanged at 1.25%
Romania's central bank on Monday 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 pr...
Romania Average Net Salary Drops 6.2% on Month in January
The average net salary in Romania declined 6.2% in nominal terms and 7.4% in real terms in January compared with December 2020, to 3,395 lei (around EUR695), data from the country's statisti...
Romania Posts Trade Deficit of EUR1.19B in January
Romania's trade balance posted a deficit of EUR1.193 billion in January, lower by EUR124.6 million compared with January 2020, data from the country's statistics board showed Friday.
Romania's Annual Inflation Rate Climbs to 3.2% in February
Romania's annual inflation rate grew to 3.2% in February from 3% in January, still driven by higher electricity prices following the liberalization of the country's retail electricity market...
Net Investment in Romania Grows Marginally in 2020
Net investments in the Romanian economy grew a mere 0.1% in 2020 compared with 2019, to RON106.195 billion, preliminary data from the country's statistics board showed Wednesday.
Romania Unemployment Rate Grows to 5.6% in January
Romania's seasonally adjusted unemployment rate grew to 5.6% in January from 5.2% in December, data from the country's statistics board showed Wednesday.