Macroeconomics
Central Bank: Scandal On Electricity Market Is A Process With Significant Uncertainty That May Impact Inflation
Romania’s central bank warns, in the minutes of its latest monetary policy meeting, that the annual inflation will probably inch up in the first two months of 2021, followed by a correction...
Analysts See Inflation Growing to 2.64% in Next 12 Months
Most analysts polled by CFA Romania estimate the inflation rate will grow to an average rate of 2.64% in the next 12 months and see the leu depreciating to an average of 4.98 units to the eu...
Moody’s: Romania Rolled Out Lowest CEE Govt Support Package in 2020
Romania had the lowest government support package to fight the effects of the coronavirus pandemic in Central and Eastern Europe, of just 4% of GDP, a report by ratings agency Moody’s showed...
Romania's Prognosis Commission Lowers 2021 GDP Growth Projection To 4.3%
Romania has lowered its economic growth projection for 2021 to 4.3%, from a previous forecast of 4.5%, according to a forecast of the National Strategy and Prognosis Commission.
Romanian Central Bank Cuts Key Rate To Record Low Of 1.25%
Romania’s central bank on Friday (Jan 15) surprisingly lowered its main monetary policy rate to a new record low of 1.25% a year, from 1.50% a year, starting Monday (January 18, 2021).
Romania's Annual Inflation Rate Stays at 2.1% in December
Romania's annual inflation rate stood at 2.1% in December 2020, the same as in November, and in line with the central bank's forecast, data from the country's statistics board showed Thursda...
Romania's Current Account Gap Widens to EUR9.763B in Jan-Nov
Romania's current account balance posted a deficit of EUR9.763 billion in January-November, compared with a deficit of EUR9.655 billion in the same period in 2019, central bank data showed W...
Romania Postpones Euro Adoption Calendar on Heightened Macroeconomic Imbalances
Romania will postpone yet again setting a calendar for euro adoption as the country doesn't meet convergence criteria and faces heightened macroeconomic imbalances due to the pandemic, the f...
Romania Average Net Salary Grows 2% on Month in November
The average net salary in Romania grew 2% in nominal terms and 1.9% in real terms in November 2020 compared with October 2020, to 3,411 lei (around EUR700), data from the country's statistic...