Macroeconomics
Analysts See Leu at 4.97/Euro in 12 Months
Analysts polled by CFA Romania estimate the Romanian leu will depreciate to an average of 4.97 to the euro in the next 12 months, while inflation is expected to average 2.94%.
Romania Private Lending Grows 0.9% on Month in August
Private lending in Romania grew 0.9% in both nominal and real terms in August compared with July, to RON274.49 billion, central bank data showed Wednesday.
Romania Posts Current Account Deficit Of EUR4.86B In January-July 2020
Romania's current account balance posted a deficit of EUR4.86 billion in January-July 2020, lower by 20% than a deficit of EUR6.03 billion in the same period in 2019, central bank data showe...
Romania Inflation Rate Inches Down to 2.7% in August
Romania's annual inflation rate inched down to 2.7% in August from 2.8% in July, data from the country's statistics board showed Thursday.
Net Investment in Romania Grows 0.4% YoY in 2Q/2020
Net investments in the Romanian economy grew 0.4% in the second quarter of 2020 compared with the same period last year, to RON23.509 billion, preliminary data from the country's statistics...
Romania Posts Trade Deficit of EUR9.99B in Jan-July
Romania's trade balance posted a deficit of EUR billion in the first seven months of 2020, EUR481.4 million higher compared with the same period last year, data from the country's statistics...
Private Consumption, Industry Drive Romania's 2Q GDP Decline
Romania's gross domestic product contracted 10.5% on the year in the second quarter and 12.3% compared with the first quarter, breakdown data from the country's statistics board showed Tuesd...
Romania Average Net Salary Grows 2.2% on Month in July
The average net salary in Romania grew 2.2% in nominal terms in July compared with June, to 3,372 lei (around EUR694), data from the country's statistics board showed Tuesday.
Romania's Forex Reserves Decline to EUR35.768B in August
Romania's foreign exchange reserves dropped to EUR35.768 billion at the end of August from EUR36.249 billion at the end of July, central bank data showed Tuesday.