Macroeconomics
Romania Budget Gap Widens to 6.36% of GDP in Jan-Sept
Romania's general consolidated budget posted a deficit of RON67.27 billion, or 6.36% of the gross domestic product, in January-September, finance ministry data showed Tuesday.
Analysts See Leu Falling To 5 Units Vs Euro In 12 Months, GDP Contraction At 4.5% In 2020
Analysts of CFA Romania estimate the Romanian leu will depreciate to an average of RON5 to the euro in the next 12 months, while inflation is expected to average 2.87% and the country's econ...
Romania Construction Works Grow 17.3% YoY In January-August 2020 Despite Pandemic
Romanian construction works increased by 17.3%, as gross series, and by 19.2%, as adjusted series according to the number of working days and to seasonality, in January-August 2020, compared...
Romania Posts Current Account Deficit of EUR5.789B in Jan-Aug
Romania's current account balance posted a deficit of EUR5.789 billion in January-August, compared with a deficit of EUR7.099 billion in the same period in 2019, central bank data showed Wed...
Romania Industrial Production Drops 13.7% YoY In January-August 2020
Romania’s industrial production decreased by 13.7% as gross series on the year in January-August 2020, and by 14.2% as series adjusted by number of working days and seasonality, the country’...
IMF Improves Outlook for Romania's GDP Contraction to 4.8%
The International Monetary Fund estimates Romania's economy will contract by 4.8% this year, a slightly milder contraction compared with the 5% estimated in April, according to the latest Wo...
Romania Posts Trade Deficit Of EUR11.5B In January-August 2020
Romania's trade balance posted a deficit of EUR11.5 billion in January-August 2020, EUR642 million higher (+10%) compared with the same period in 2019, data from the country's statistics boa...
Romania Inflation Rate Inches Down To 2.5% In September 2020
Romania's annual inflation rate inched down to 2.5% in September 2020 from 2.7% in August, data from the country's statistics board showed Monday.
Romania's GDP Grew 4.5% in 2018
Romania's gross domestic product grew 4.5% in real terms in 2018 compared with 2017, final data from the country's statistics board showed Friday.