Macroeconomics
Statistics Board: Romania's Industrial Production Grows 12.1% YoY In April 2024
Romania’s industrial production increased by 12.1% in unadjusted data in April 2024 versus April 2023 and by 3.6% when adjusted for seasonality and the number of working days, data from the...
Romania's Current Account Deficit Widens 26% YoY To EUR6.5B In January-April 2024
Romania's current account deficit stood at EUR6.5 billion in January-March 2024, higher by nearly EUR1.5 billion (+26%) compared to the level reported in the same period of 2023, central ban...
INS: Net Investments In Romania Up 6.7% YoY To RON34.6B In Q1/2024
Net investments in Romania’s economy totaled RON34.6 billion in the first quarter of 2024, up 6.7% year-over-year, with new construction works accounting for 53.3% and purchases of machinery...
Statistics Board: Average Income Per Household In Romania At RON7,175 In 2023
The total monthly average income in Romania stood at RON7,175 per household, in nominal terms, in 2023, representing RON2,872 per person and increasing by 11% and by 11.5%, respectively, com...
Romania’s Trade Deficit Widens 5% YoY To EUR9.3B In January-April 2024
Romania's trade balance posted a deficit of EUR9.3 billion in January-April 2024, higher by 5% compared to the same period of 2023, data from the country's statistics board INS showed on Mon...
Statistics Board: Romania's Economy Edges Up 0.1% YoY In Q1/2024
Romania's economy inched up 0.1%, in unadjusted data, and grew by 1.8% In seasonally adjusted data, in the first quarter of 2024 compared to the same period of 2023, in line with provisional...
Statistics Board: Romania Retail Sales Grow 14.6% YoY In April 2024
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 14.6% in unadjusted data and by 9.5% when adjusted for seasonality and number of working...
RACC-IT aims to connect Romanian IT businesses with development opportunities in the United States and globally
Romanian and US medical and healthcare experts, IT entrepreneurs, and investors came together on May 28 at an event organized by the Romanian-American Chamber of Commerce - IT Alliance (RACC...
INS: Romania Industrial Production Prices Drop 4% YoY In April 2023
Romania's industrial production prices for the total (domestic market and non-domestic market) decreased by 4% in April 2024 compared to April 2023, with the energy industry and the intermed...