Macroeconomics
Romania Posts Current Account Deficit of EUR3.497B in 1H/2020
Romania's current account balance posted a deficit EUR3.497 billion in January-June, compared with a deficit of EUR4.373 billion in the same period in 2019, central bank data showed Thursday...
Annual Inflation in Romania Grows to 2.8% in July
Romania's annual inflation rate grew to 2.8% in July from 2.58% in June, data from the country's statistics board showed Wednesday.
Romania Average Net Salary Grows 3.7% on Month in June
The average net salary in Romania grew 3.7% in nominal terms in June compared with May, to 3,298 lei (around EUR682), data from the country's statistics board showed Tuesday.
Romania Posts Trade Gap of EUR8.665 in 1H/2020
Romania's trade balance posted a deficit of EUR8.665 billion in the first six months of 2020, EUR935.7 million higher compared with the same period last year, data from the country's statist...
Romanian Central Bank Lowers 2020 Inflation Forecast Slightly to 2.7%
Romania's central bank lowered its inflation forecast slightly to 2.7% for the end of 2020 from a previous projection 2.8%, while keeping the 2021 projection at 2.5%, according to the August...
Romanian Central Bank Cuts Key Rate to 1.5%
Romania's central bank on Wednesday decided to lower its benchmark interest rate by 25 basis points to 1.5% a year from 1.75% starting August 6. The bank also lowered its lending and deposit...
Romania's Forex Reserves Grow to EUR36.249B in July
Romania's foreign exchange reserves dropped to EUR36.249 billion at the end of July from EUR35.002 billion at the end of June, central bank data showed Monday.
Romania Unemployment Rate Stays Flat at 5.2% in June
Romania's seasonally adjusted unemployment rate remained unchanged at 5.2% in June, the same as in May, data from the country's statistics board showed Thursday.
Romania Posts Budget Gap of 4.17% of GDP in 1H/2020
Romania's general consolidated budget posted a deficit of RON45.17 billion in the first half of 2020, or 4.17% of the gross domestic product, finance ministry data showed Tuesday.