Macroeconomics
Statistics Board: Romania Retail Sales Grow 8.4% YoY In January-September 2024
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 8.4% in unadjusted data and by 7.7% when adjusted for seasonality and number of working...
Romania Forex Reserves Shrink To EUR62.8B In October 2024
Romania's foreign exchange reserves shrank by EUR2.93 billion to EUR62.8 billion in October 2024, from EUR65.77 billion at the end of September, Romania’s central bank announced on Friday (N...
Foreign Direct Investment In Romania’s Trade Overshoots EUR20B Mark in 2023
The foreign direct investments in the Romanian trade exceeded the EUR20 billion mark for the first time last year, as companies in the sector continued to put money into development, Romania...
IMF Delegation Set to Visit Bucharest in November 5-8 Period
A delegation of the International Monetary Fund led by Jan Kees Martjin, head of the IMF mission in Romania, will visit the country during November 5-8 period, within the periodical meetings...
Eurostat: Romania Had The 3rd Largest Government Deficit In The EU In 2023
Romania had the third largest government deficit (- 6.5%) in the European Union (EU) in 2024, behind only Italy (-7.2%) and Hungary (-6.7%), according to data published by EU's Statistical O...
Statistics Board: Romanian Construction Works Down 3.1% YoY In January-August 2024
The volume of construction works in Romania decreased, in unadjusted data, by 3.1% in January-August 2024 and by 2.5% when adjusted for the number of working days and seasonality, data from...
Eurostat: Romania Posts Highest Annual Inflation Rate In The EU, Of 4.8%, In September 2024
Romania had the highest annual inflation rate, of 4.8%, among European Union Member States, in September 2024, data from Eurostat, the statistical office of the European Union, showed on Thu...
UniCredit: Romania Got Only EUR200M In NRRP Funds In 2024
Romania got EUR9.4 billion in NRRP funds between 2021 and the third quarter of 2024 or 33% of its allotment via this EU program. Estimates for 2024 point to EUR200 million disbursements or 0...
ING Bank: Romania Could Be Among Top Ten Economies In EU In 10 Years
Romania’s economy could double in the next ten years, so the GDP would reach EUR700 billion, with an average growth rate of 3% to 3.5% a year and a similar average inflation. This is one of...