Macroeconomics
Statistics Board: Romania's Economy Grows 1.2% YoY In Q3/2024
Romania's economy increased by 1.2% in unadjusted data in the third quarter of 2024, lower than 2.3% growth reported in the same quarter of 2023, a second set of provisional data from the co...
Statistics Board: Romania Retail Sales Grow 8.7% YoY In January-November 2024
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 8.7% in unadjusted data and by 8.1% when adjusted for seasonality and number of working...
Romania’s Trade Deficit Widens 17.7% YoY To EUR30B In January-November 2024
Romania's trade balance posted a deficit of EUR30 billion in January-November 2024, higher by EUR4.51 billion (+17.7%) compared to the same period of 2023, data from the country's statistics...
Statistics Board: Romania Housing Permits Up 1.1% YoY In November 2024
Romanian authorities issued 2,729 residential building permits in November 2024, 13.8% fewer than in October 2024 and 1.1% more than in November 2023, data from the country’s statistics boar...
Competition Council Slaps Holcim Romania, Romcim, Heidelberg Materials Romania With RON217M Fine For Price Fixing
Romania's Competition Council fined the companies Holcim Romania S.A., Romcim S.A. and Heidelberg Materials Romania S.A. a total RON217.96 million (approximately EUR43.7 million) for coordin...
iBanFirst: Main Risk For Romania In 2025 Lies In The Continued Deterioration Of Its Fiscal Situation Amid Rising Global Bond Yields
The most pressing risk for Romania in 2025 lies in the continued deterioration of its fiscal situation amid rising global bond yields, which could significantly impact the country’s economic...
Romania Unemployment Rate Edges Down To 5.3% Month-On-Month In November 2024
Romania’s unemployment rate stood at 5.3% in November 2024, lower by 0.1 percentage point than 5.4% recorded in October 2024, data from the country’s statistics institute INS show on Wednesd...
Romania Forex Reserves Rise To EUR62.13B In December 2024
Romania's foreign exchange reserves stood at EUR62.13 billion at the end of 2024, an increase of 4% on the RON59.7 billion at the end of 2023, Romania’s central bank announced on Friday (Jan...
Romania Posts Budget Deficit Of RON126B Or 7.12% Of GDP In January-November 2024
Romania’s general consolidated budget posted a deficit of RON125.72 billion in January-November 2024, or 7.12% of the gross domestic product (GDP), which is 71% higher than in the year-ago p...