Macroeconomics
Romania Forex Reserves Shrink To EUR62.5B In April 2024
Romania's foreign exchange reserves stood at EUR62.5 billion at the end of April 2024, lower by EUR1.7 billion compared with EUR64.2 billion on March 31, 2024, central bank data showed on Th...
BCR Romania Manufacturing PMI Over 50 Points For First Time
The BCR Romania Manufacturing PMI index, which assesses the state of the manufacturing industry in accordance with Standard &Poor’s standards, reached more than 50 points in April, which cou...
Romania, Last Among EU Countries By Business Innovation
Romania remains at the bottom of the European Union rankings in terms of innovation, with the proportion of Romanian companies introducing new or improved products or business processes to t...
INS: Romanian Managers Expect Relative Stability In Employee Numbers In Manufacturing And Services In April-June 2024
Romanian executives forecast growth of activity in construction and retail trade, relative stability in the number of employees in manufacturing industry and services, and price growth in co...
Budget Deficit Already At 2% After Q1, 2024
Government budget spending increased by 23% to RON168 billion in the first quarter of 2024, data on the execution of the general consolidated budget of Romania released by the Finance Minist...
Romania Private Lending Up 4.7% YoY To RON387B In March 2024
Private lending in Romania went up 4.7% to RON387 billion in March 2024 compared with March 2023, central bank data showed on Wednesday (April 24, 2024).
Eurostat: Romania Recorded One Of Highest Government Debt To GDP Ratios In EU In 2023
Romania had one of the government deficit to Gross Domestic Product ratios in the European Union in 2023, 6.6%, behind only Hungary and Italy, while its government debt to GDP ratio was lowe...
Romania Ends 2023 With 5.6% Unemployment Rate, Same As In 2022
Romania ended 2023 with a 5.6% unemployment rate (455,600 people), about the same as in 2022 and 2021, as the employment rate for people aged 20-64 stood at a 68.7%, an increase of 0.2% year...
INS: Romanian Construction Works Surge 53.7% On The Month In February 2024
In February 2024, the volume of construction works increased, in unadjusted data, by 53.7% compared to January 2024 and was up 17.5% when adjusted to the number of working days and to season...