Macroeconomics
Romania Average Net Salary Drops 2.9% on Month in August
The average net salary in Romania fell 2.9% in both nominal and real terms in August compared with July, to 3,275 lei (around EUR672), data from the country's statistics board showed Friday.
Romania's GDP Falls 10.2% in 2Q/2020, Revised Data Shows
Romania's gross domestic product took an annual plunge of 10.2% in real terms in the second quarter, less than the previously estimated 10.5%, a second reading from the country’s statistics...
Romania Retail Sales Decline 1.2% on Month in August
Retail sales in Romania dropped 1.2% on the month in August and 1.6% when adjusted for seasonality and number of working days, as sales of non-food items dropped 2.6% and fuel sales dropped...
Romania's Forex Reserves Decline to EUR32.588B in September
Romania's foreign exchange reserves dropped to EUR32.588 billion at the end of September from EUR35.768 billion at the end of August, central bank data showed Thursday.
Romania Unemployment Rate Inches Down to 5.3% in August
Romania's seasonally adjusted unemployment rate inched down to 5.3% in August from 5.4% in July, data from the country's statistics board showed Thursday.
Foreign Direct Investment in Romania Reached EUR5.17B in 2019
Romania attracted foreign direct investments totaling EUR5.17 billion in 2019, of which EUR2.2 billion equity and EUR2.8 billion reinvested earnings, and total FDI stock reached EUR88.3 bill...
Romania's Budget Gap Widens To 5.18% Of GDP In January-August 2020
Romania's general consolidated budget posted a deficit of RON54.77 billion in January-August 2020, or 5.18% of the gross domestic product, more than half of which was due to financial measur...
Romania Average Net Salary Grows 13% in 2019
The net average salary in Romania grew 13% in 2019 compared with 2018, to 2,986 lei (around EUR612), data from the country's statistics board showed Friday.
Romania Unemployment Rate Grows to 5.4% in 2Q/2020
Romania's seasonally adjusted unemployment rate stood at 5.4% in the second quarter of 2020, from 4.3% in the first quarter, as lockdown measures during the second quarter impacted the labor...