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Romania Inflation Rate Drops To 2.1% In November 2020
Macroeconomics

Romania Inflation Rate Drops To 2.1% In November 2020

Romania's annual inflation rate inched down to 2.1% in November 2020 from 2.2% in October and 2.5% in September, data from the country's statistics board showed Friday.

Ecaterina Craciun · 11.12.2020 · 10:30 · 1 min
Net Investments In Romania Grow 0.7% YoY To RON68.8B In January-September 2020
Macroeconomics

Net Investments In Romania Grow 0.7% YoY To RON68.8B In January-September 2020

Net investments in the Romanian economy grew 0.7% in January-September 2020 compared with the same period last year, to RON68.8 billion, data from the country's statistics board showed Thurs...

Ecaterina Craciun · 10.12.2020 · 11:11 · 1 min
Romania Posts Trade Deficit Of EUR14.8B In January-October 2020
Macroeconomics

Romania Posts Trade Deficit Of EUR14.8B In January-October 2020

Romania's trade balance posted a deficit of EUR14.85 billion in January-October 2020, EUR827.5 million higher compared with the same period in 2019, data from the country's statistics board...

Ecaterina Craciun · 10.12.2020 · 10:48 · 1 min
Romania GDP Annual Contraction Confirmed at 6% in 3Q
Macroeconomics

Romania GDP Annual Contraction Confirmed at 6% in 3Q

Romania's gross domestic product fell 6% on the year in real terms in the third quarter, a breakdown reading from the country's statistics board showed Tuesday.

Oana Gavrila · 08.12.2020 · 09:13 · 1 min
S&P Affirms Its BBB-/A-3 Rating On Romania; Outlook Remains Negative
Macroeconomics

S&P Affirms Its BBB-/A-3 Rating On Romania; Outlook Remains Negative

International rating agency Standard&Poor’s (S&P) affirmed the 'BBB-/A-3' long- and short-term foreign and local currency sovereign credit ratings on Romania Friday (Dec 4), but the outlook...

Ecaterina Craciun · 07.12.2020 · 11:06 · 3 min
Romania Retail Sales Grow 1.3% on Month in October
Macroeconomics

Romania Retail Sales Grow 1.3% on Month in October

Retail sales in Romania grew 1.3% on the month in October and 1.8% when adjusted for seasonality and number of working days, as sales of non-food items grew 3.3%, food sales grew 3.8% and fu...

Oana Gavrila · 03.12.2020 · 09:37 · 1 min
Romania Forex Reserves Decline to EUR33.393 B in November
Macroeconomics

Romania Forex Reserves Decline to EUR33.393 B in November

Romania's foreign exchange reserves dropped to EUR33.393 billion at the end of November from EUR33.795 billion at the end of October, central bank data showed Wednesday.

Oana Gavrila · 02.12.2020 · 13:40 · 1 min
Romania Unemployment Rate Inches up to 5.3% in October
Macroeconomics

Romania Unemployment Rate Inches up to 5.3% in October

Romania's seasonally adjusted unemployment rate inched up to 5.3% in October from 5.1% in September, data from the country's statistics board showed Wednesday.

Oana Gavrila · 02.12.2020 · 09:52 · 1 min
Romania Posts Budget Deficit of 7.05% of GDP in Jan-Oct
Macroeconomics

Romania Posts Budget Deficit of 7.05% of GDP in Jan-Oct

Romania's general consolidated budget posted a deficit of RON74.04 billion, or 7.05% of the gross domestic product, in the first ten months of 2020, finance ministry data showed Thursday.

Oana Gavrila · 26.11.2020 · 15:25 · 2 min