Macroeconomics
EBRD Keeps Romania’s GDP Growth Forecast At 3.2% For 2024; Sees Local Economy Accelerating To 3.4% In 2025
The European Bank for Reconstruction and Development (EBRD) has maintained its projection for Romania's economy in 2024, at 3.2%, similar to the estimates in September 2023, and it expects t...
Statistics Board: Romania's Economy Inches Up 0.1% YoY In Q1/2024
Romania's economy grew by just 0.1%, in unadjusted data, in the first quarter of 2024 compared to the same period of 2023, data from the country's statistics board INS showed on Wednesday (M...
Romania Average Net Salary Up 6.3% In March 2024 vs February 2024
The average net salary in Romania increased by 6.3% in nominal terms in March 2024 compared to February 2024, to 5,185 (EUR1,043), data from the country's statistics board INS showed on Wedn...
Statistics Board: Romania's Industrial Production Falls 4.2% YoY In March 2024
Romania’s industrial production decreased by 4.2% in unadjusted data in March 2024 versus March 2023 but increased by 2.8% when adjusted for seasonality and the number of working days, data...
Romania's Current Account Deficit Edges Down YoY To EUR3.94B In January-March 2024
Romania's current account deficit stood at EUR3.94 billion in January-March 2024, slightly lower than the EUR3.96 billion level reported in the same period of 2023, central bank data showed...
Romania's Annual Inflation Drops To 5.9% In April 2024
Romania's annual inflation decreased to 5.9% in April 2024, compared to 6.6% in March 2024 and 7.2% in February 2024, data from the country's statistics board INS showed on Tuesday (May 14).
Romania’s Trade Deficit Shrinks 1.5% YoY To EUR6.69B In January-March 2024
Romania's trade balance posted a deficit of EUR6.69 billion in January-March 2024, lower by 1.5% (or lower by EUR103.3 million), compared to the same period of 2023, data from the country's...
Romania Industrial Production Prices Drop 8% YoY In March 2023
Romania's industrial production prices for the total (domestic market and non-domestic market) decreased by 8% in March 2024 compared to March 2023, with the energy sector seeing the biggest...
Romania Unemployment Rate Falls To 5.3% Month-On-Month In March 2024
Romania’s unemployment rate dropped to 5.3% in March 2024, lower by 0.3 percentage points compared to 5.6% in February 2024, data from the country’s statistics institute INS show on Tuesday...