Macroeconomics
Romania's Current Account Deficit Widens To EUR12.17B In January-June 2024
Romania's current account deficit stood at EUR12.17 billion in January-June 2024, higher by EUR3 billion than the level recorded in the same period of 2023, central bank data showed on Tuesd...
Finance Ministry Seeks To Use US Govt’s Foreign Military Financing Mechanism To Finance Public Debt
The Finance Ministry has published, in transparency, a bill regulating the possibility for the Romanian Government to diversify its public debt financing instruments to be able to access fun...
Romania Average Net Salary Up 1.1% In June 2024 vs May 2024
The average net salary in Romania increased by 1.1% in nominal terms in June 2024 compared to May 2024, to 5,176 (EUR1,056), data from the country's statistics board INS showed on Monday (Au...
Romania's Annual Inflation Resumes Upward Trend, Rises To 5.4% In July 2024
Romania's annual inflation resumed its upward trend, increasing to 5.4% in July 2024 compared to July 2023, after dropping to 4.9% in June 2024, data from the country's statistics board INS...
Romania's Central Bank Cuts Inflation Forecast To 4% For End-2024 From 4.9% Previously
Romania's central bank has revised downwards its inflation forecast to 4% for the end of 2024 from its previous projection of 4.9%, central bank governor Mugur Isarescu said on Friday (Augus...
Romania’s Trade Deficit Widens 13.2% YoY To EUR15B In January-June 2024
Romania's trade balance posted a deficit of EUR15 billion in January-June 2024, higher by 13.2% compared to the same period of 2023, data from the country's statistics board INS showed on Fr...
INS: Romania Industrial Production Prices Up 1.1% YoY In June 2024
Romania's industrial production prices for the total (domestic market and non-domestic market) rose 1.1% in June 2024 compared to June 2023, data from Romania’s National Statistics Institute...
Romania Unemployment Rate Inches Up To 5.5% Month-On-Month In June 2024
Romania’s unemployment rate stood at 5.5% in June 2024, higher by 0.1 percentage point compared to May 2024, data from the country’s statistics institute INS show on Thursday (August 1, 2024...
Foreign Remittances Hit Record High of EUR6.5B in 2023, Matching FDI
In 2023, Romanians working abroad sent home EUR6.5 billion, EUR350 million more than in 2022. By comparison, foreign direct investments plunged, from over EUR11 billion in 2022, to just EUR6...