Macroeconomics
Romania Annual Inflation Rate Slows To 2.3% In May 2020
Romania's consumer price index hit an annual rate of 2.3% in May 2020, from 2.7% in April and 3% in March, data from the country's statistics board showed Friday.
Romania Average Net Salary Dropss 3.4% On Month In April 2020
The average net salary in Romania fell 3.4% in nominal terms in April 2020 compared with March, to 3,182 lei (around EUR658), data from the country's statistics board showed Thursday.
EC: Romania Fulfills None of the Criteria for Euro Adoption
Romania meets none of the convergence criteria – price stability, sound public finances, exchange rate stability and convergence in long-term interest rates – required for euro adoption, the...
AmCham: Keeping Romania in Investment Grade Should Be an Economic Policy Priority
Standard & Poor’s maintaining of Romania’s sovereign rating at “BBB- with negative outlook” reflects the realities of the country's economy after the shock of the COVID-19 pandemic and econo...
Net Investment in Romania Grows 5% YoY in 1Q/2020
Net investments in the Romanian economy grew 5% in the first quarter of 2020 compared with the same period last year, to RON18.447 billion, preliminary data from the country's statistics boa...
World Bank Sees Romania's GDP Contracting 5.7% This Year, Growing 5.4% in 2021
Romania's economic growth is forecast to contract 5.7% this year from a previous estimate of a slowdown to 0.3%, the World Bank said in its latest economic update.
Romania's Trade Gap Widens To EUR6B YoY In January-April 2020
Romania's trade balance posted a deficit of EUR6.08 billion in January-April 2020, EUR974.2 million higher (+19%) compared with the same period in 2019, data from the country's statistics bo...
INS Reconfirms Romania’s 2.4% GDP Growth In 1Q/2020
Romania’s gross domestic product grew by 2.4% in unadjusted data and by 2.7% in seasonally adjusted data, in the first quarter of 2020 compared with the same period in 2019, provisional (1)...
S&P Affirms Romania’s Rating At BBB-/A-3; Outlook Remains Negative
International rating agency Standard&Poor’s (S&P) has affirmed the 'BBB-/A-3' long- and short-term foreign and local currency sovereign credit ratings on Romania, but the outlook remains neg...