Macroeconomics
Eurostat: Romania Posts Highest Annual Inflation Rate In The EU, Of 5.5%, In December 2024
Romania had the highest annual inflation rate, of 5.5%, among European Union (EU) Member States, in December 2024, data from Eurostat, the bloc's statistical office, showed on Friday (Jan.17...
Statistical Office: Romania's GDP Per Capita Calculated On The Basis Of PPP At 78% Of EU Average In 2023
Romania’s reported value of the volume index of GDP per capita, calculated on the basis of the Purchasing Power Parity (PPP), stood at 78% in 2023, relative to the European Union (EU) averag...
World Bank Downgrades Romania GDP Growth Forecasts
The World Bank projects 2.1% economic growth in Romania in 2025, after 1.3% forecast for 2024, underscoring that, despite EU fund inflows, the recently announced fiscal consolidation moves h...
Romania Average Net Salary Up 2.3% In November 2024 vs October 2024
The average net salary in Romania increased by 2.3% (+RON120) in nominal terms in November 2024 compared to October 2024, to 5,388 (EUR1,084), data from the country's statistics board INS sh...
IMF Replaces Romania Mission Head, Set to Visit Bucharest in Early Feb. for Meetings with Romania Govt and National Bank to “Review Recent Economic and Financial Developments”
An International Monetary Fund (IMF) mission will visit Bucharest February 3-7, 2025, to hold a regular staff visit, reads an IMF press statement.
Statistics Board: Romania's Industrial Production Down 3.8% In November 2024 vs October 2024
Romania's industrial production decreased by 3.8% in November 2024, in unadjusted data, compared to October 2024, and by 0.6% when adjusted for the number of working days and seasonality, da...
Romania's Annual Inflation Rate At 5.1% In December 2024
Romania's annual inflation rate stood at 5.1% in December 2024, remaining unchanged from the level recorded in November 2024, data from the country's statistical office INS showed on Tuesday...
Romania's Current Account Deficit Widens To EUR27B YoY In January-November 2024
Romania's current account deficit stood at EUR26.3 billion in January-November 2024, higher by nearly EUR7 billion than the EUR19.7 billion level reported in the same period of 2023, central...
Government Raises “Medium Term Notes” Program Ceiling By EUR15B To EUR90B
The “Medium Term Notes” government paper issue framework program will continue with a higher value, RON90 billion, instead of the previous RON75 billion, and the increase will allow covering...