Macroeconomics
Statistics Institute: Romania Retail Sales Up 2.6% in Jan-May 2025 YOY
Romania retail sales volume (excluding the trade with motor vehicles and motorcycles) increased in the first five months of 2025 against the year-earlier period, both in unadjusted data, by...
Statistical Office: Romania's Industrial Producer Price Index Up 0.9% YoY In May 2025
Romania’s industrial producer price index (PPI) edged 0.9% higher year-on-year in May 2025, as per data from the country's statistical office INS.
It’s Official: VAT Goes Up To 21%, Dividend Tax Rises From 10% To 16%
The mix of administrative spending cuts and tax hikes starts with tax hikes. As of August 1, the standard VAT goes up from 19% to 21%, the food VAT from 9% to 11% and the power VAT from 5% t...
Statistical Office: Romania Unemployment Rate Inches Up To 5.8% Month-On-Month In May 2025
Romania’s unemployment rate stood at 5.8% in May 2025, higher by 0.1 percentage points than the 5.7% level recorded in April 2025, data from the country’s statistical office INS show on Wedn...
Statistical Office: Romania's Construction Permits For Residential Buildings Up 0.6% YoY In January-May 2025
Romanian authorities issued 14,134 residential building permits in January-May 2025, 0.6% more than in the same period of 2024, data from the country’s statistical office INS showed on Tuesd...
Romania Posts Budget Deficit Of RON64.2B Or 3.39% GDP In January-May 2025
Romania’s general consolidated budget posted a deficit of RON64.2 billion in January-May 2025, or 3.39% of the gross domestic product (GDP), compared with a deficit of RON60.1 billion or 3.4...
Romania Private Lending Growth Accelerates to 9.7% in May 2025
Romania private lending growth sped up in May to 9.7%, to a total amount of RON431 billion, amid the 11.3% increase in the RON component and the 6.2% advance of the foreign currency one expr...
Statistical Office: Romanian Construction Works Inch 0.5% Lower YoY In April 2025
The volume of construction works in Romania fell slightly by 0.5% in unadjusted data and by 2.8% when adjusted for the number of working days and seasonality, in April 2025 compared to April...
CFA Romania: Economic Confidence Soars in May
Economic confidence surged in Romania in May, by 11.5 points to 44.9 points, in line with CFA Romania Associations’ Macroeconomic Confidence Index.