Macroeconomics
Romania Average Net Salary Down 1.9% In May 2024 vs April 2024
The average net salary in Romania went down by 1.9% (RON99) in May 2024 compared to April 2024, to RON5,118, data from the country’s statistics board INS showed on Friday, July 12, 2024.
Romania's Annual Inflation Keeps Downward Trend, Drops To 4.9% In June 2024
Romania's annual inflation decreased to 4.9% in June 2024, compared to 5.1% in May 2024 and 5.9% in April 2024, data from the country's statistics board INS showed on Thursday (July 11).
Statistics Board: Average Income Per Household in Romania at RON8,049 in Q1/2024, up 15.3% YOY
The total monthly average income in Romania stood at RON8,049 per household in Q1/2024, up 7.3%, representing RON3,210 per person, 7% more than in Q4/2023, data from the country’s statistics...
Romania’s Goods Trade Gap Widens by 11.1% in Jan-May 2024 To EUR12.2B YOY
Romania’s goods trade deficit, namely the gap between goods exports and imports, widened in January-May 2024 by 11.1% year-on-year to EUR12.2 billion, as exports dropped by 2.9% and imports...
INS Upwardly Revises Romania’s Q1/2024 GDP Growth
Romania’s statistics board INS upwardly revised the country’s economic growth for the first quarter of 2024 against the same quarter of 2023 to 0.5% from 0.1% estimated in the May report.
Statistics Board: Romania Retail Sales Grow 8% YoY In January-May 2024
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 8% in unadjusted data and by 6.4% when adjusted for seasonality and number of working da...
INS: Romania Industrial Production Prices Drop 1% YoY In May 2024
Romania's industrial production prices for the total (domestic market and non-domestic market) decreased by 1% in May 2024 compared to May 2023, following a 2.2% decrease on the domestic mar...
Romania Unemployment Rate Edges Up To 5.4% Month-On-Month In May 2024
Romania’s unemployment rate stood at 5.4% in May 2024, higher by 0.1 percentage point compared to April 2024, data from the country’s statistics institute INS show on Tuesday (July 2, 2024).
INS: Romania Housing Permits Down 0.5% in Jan-May 2024
Romania issued 14,050 housing construction permits in the first five months of 2024, down 0.5%.