Macroeconomics
Statistics Board: Romanian Construction Works Down 2.7% YoY In January-July 2024
The volume of construction works in Romania decreased, in unadjusted data, by 2.7% in January-July 2024 and by 2.5% when adjusted for the number of working days and seasonality, data from Ro...
CFA Romania Analysts Forecast 4.95% Inflation Rate for Next 12 Months, See Leu at 5.0735 Units/Euro
Financial analysts part of CFA Romania Association anticipate a 4.95% inflation rate for the next 12 months (August 2025), higher than they estimated one month ago, and an average exchange r...
INS: Employment Rate For Working Age Population Hit 64.4% In Q2/2024, Higher By 0.2 Percentage Points vs Q1/2024
In the second quarter of 2024, the employment rate for the working age population (15-64 years) was 64.4%, increasing by 0.2 percentage points compared with the level recorded in the first q...
Statistics Board: Romania's Industrial Production Edges 0.2% Higher YoY In July 2024
Romania’s industrial production inched up 0.2% in unadjusted data in July 2024 versus July 2023 but fell 3.9% when adjusted for seasonality and the number of working days, data from the coun...
Romania's Current Account Deficit Widens To EUR15B In January-July 2024
Romania's current account deficit stood at EUR15 billion in January-July 2024, compared with EUR11.3 billion reported in the same period of 2023, central bank data showed on Friday (Sept 13,...
Romania Average Net Salary Up 1.3% In July 2024 vs June 2024
The average net salary in Romania increased by 1.3% in nominal terms in July 2024 compared to June 2024, to 5,242 (EUR1,054), data from the country's statistics board INS showed on Thursday...
Statistical Data: 25,936 Housing Units Put Into Use In Romania In H1/2024, 19% Fewer YoY
A total 25,936 housing units were put into use in Romania in the first half of 2024, fewer by 6,141 units (-19%) than in the same period of 2023, data from the country’s statistics board INS...
Statistics Board: Net Investments In Romania Up 5.6% YoY To RON80.2B In H1/2024
Net investments in Romania’s economy totaled RON80.2 billion in the first half of 2024, up 5.6% year-over-year, with the bulk of the mount going to the construction sector, holding a share o...
Romania's Annual Inflation Drops To 5.1% In August 2024
Romania's annual inflation took a step back but stayed above 5%, reaching 5.1% in August 2024, after climbing to 5.4% in July 2024, data from the country's statistics board INS showed on Wed...