Macroeconomics
Leu Touches New Record Low Of 4.6822 Vs Euro
The Romanian leu reached a new record low against the euro on Tuesday, standing at a midday average rate of 4.6822 units/euro, down 0.11% from 4.6771 units per euro on Monday.
Romania Current Account Deficit Widens to EUR8.73B in Jan-Nov
Romania's current account balance posted a deficit of EUR8.73 billion in January-November 2018, 60% higher compared with a deficit of EUR5.468 billion in the same period the year before, cen...
Romania Inflation Slows to 3.3% in December
Romania's annual inflation rate slowed to 3.3% in December 2018, from 3.4% in November, data from the country's statistics board showed Monday.
Leu Hits New Record Low Of 4.6782 Vs Euro
The Romanian leu reached a new record low against the euro on Friday, standing at a midday average rate of 4.6782 units/euro, down 0.04% from 4.6764 units per euro on Thursday.
Romania Average Net Salary Grows 13.3% On Year In November 2018
The net average salary in Romania grew by 13.3% in November 2018 compared with November 2017, to 2,792 lei (around EUR597), and by 2.6% (RON72) compared with October 2018, data from the coun...
Romania GDP Grows 4.4% In Real Terms YOY In 3Q/2018
Romania's gross domestic product grew 4.4% in real terms in the third quarter of 2018 compared with the third quarter of 2017, provisional data from the country's statistics board showed Fri...
World Bank Lowers Romania GDP Growth Projections to 3.5% in 2019, 3.1% in 2020
The World Bank has revised its economic growth projections for Romania and now sees GDP growth at 3.5% in 2019 from 4.5% in its June 2018 projection.
Romania’s Trade Deficit Widens To EUR13.4B In January-November 2018
Romania's trade balance posted a deficit of EUR13.41 billion in January-November 2018, EUR2.06 billion higher compared with the same period of 2017, data from the country's statistics board...
Romania Unemployment Rate At 3.9% In November 2018
Romania's seasonally adjusted unemployment rate inched down 0.1 percentage points to 3.9% in November 2018, from 4% in October, data from the country's statistics board showed Wednesday.