Macroeconomics
Eurostat: Romania Posts Highest Annual Inflation Rate In The EU In October 2019
Romania registered the highest annual inflation rate in the European Union, of 3.2%, in October 2019, being followed by Hungary (3%) and Slovakia (2.9%), respectively, according to Eurostat,...
Eurostat: GDP Growth Of 3.2% In Romania; Of 1.3% In EU28 In 3Q/2019
Romania’s gross domestic product (GDP) grew an annual 3.2% in the third quarter of 2019, lower than 4.3% in the second quarter of 2019, data from Eurostat, the statistical office of the Euro...
BT Analyst: Romania’s GDP Sees Weakest Growth Of Last 5 Years Due Mainly To Deteriorating Investment Climate
In the third quarter of 2019, Romania’s economy saw the weakest growth, of 3%, of the past five years(since the second quarter of 2014), due mainly to a deteriorating investment climate refl...
Romania GDP Grows 3.2% YoY In 3Q/2019
Romania's gross domestic product increased by an annual 3.0% in unadjusted terms and by 3.2% in seasonally adjusted terms, in the third quarter of 2019, data from the country's statistics bo...
Central Bank: Private Lending Growth is Robust; Avg Rate on New Loans Saw Slight Correction
The central bank's board noted that private lending posted robust annual growth in September, slightly more moderate compared with August, its average dynamics for Q3 picking up to a level j...
Leu Hits Eight-Month Low Of 4.7635 Vs Euro
The Romanian leu kept depreciating against the euro by midday Wednesday and the central bank set the leu’s reference rate versus the euro at 4.7635, the highest level since March 14, 2019, w...
Romania Current Account Gap Widens to EUR8.1B in Jan-Sept
Romania's current account balance posted a deficit of EUR8.1 billion in the first nine months of 2019, compared with a deficit of EUR6.79 billion in the same period of 2018, central bank dat...
Romania Annual Inflation Falls To 3.4% In October 2019
Romania’s annual inflation rate kept its downward trend in October 2019 too, falling to 3.4%, from 3.5% in September and 3.9% in August, data from the country's statistics board showed Tuesd...
Romania's Trade Deficit Widens To EUR12.045B In Jan-Sept 2019
Romania's trade balance posted a deficit of EUR12.045 billion in the first nine months of 2019, EUR2.089 billion higher compared with the same period in 2018, data from the country's statist...