Macroeconomics
Eurostat: Romania Posts Highest Annual Inflation Rate In The EU, Of 6.7%, In March 2024
Romania had the highest annual inflation rate, of 6.7%, among European Union Member States, in March 2024, data from Eurostat, the statistical office of the European Union, showed on Wednesd...
Romania Industrial Sales Up 11.7% On The Month In February 2024
Romania’s industrial sales (on the domestic and external markets) increased by 11.7% in nominal terms in February 2024 compared to January 2024 and by 8.2% versus February 2023, data from th...
Romania Manufacturing Industry Orders Up 6.5% On The Month In February 2024
Romania's new industrial orders in manufacturing, for the total (on the domestic and external markets) increased by 6.5%, in nominal terms, in February 2024 compared to January 2024, and by...
IMF Sees Romania’s GDP Growth At 2.8% And Inflation At 6% In 2024
International Monetary Fund (IMF) has revised its actual economic growth forecast for Romania downwards to 2.8% in 2024 from the 3.8% estimated in the October 2023 forecast, its latest “Worl...
S&P Reconfirms Romania’s Sovereign Rating And Stable Outlook
International rating agency Standard&Poor’s (S&P) has reconfirmed the rating related to Romania’s government debt at BBB-/A3 for long-term and short-term foreign currency debt, as well as th...
Romania’s Current Account Deficit Rises 25% To EUR2.7B In January-February 2024
Romania's current account balance posted a deficit of EUR2.7 billion in January-February 2024, 25% higher than in the year-ago period, central bank data showed on Friday (April 12, 2024).
Romania Average Net Salary Up 14.2% in February 2024 vs February 2023
The average net salary in Romania increased by 14.2% in February 2024 compared with February 2023 to RON4,876, data from the country’s statistics board INS showed on Friday, April 12, 2024.
Romania Industrial Output Down 1.8% in Jan-Feb 2024 from Year-Earlier Period
Romania’s industrial production was 1.8% smaller in the first two months of 2024 against the same period of 2023 due to declines in all the three major industrial sectors, data from the coun...
Romania's Annual Inflation Drops To 6.6% In March 2024
Romania's annual inflation decreased to 6.6% in March 2024, compared to 7.2% in February 2024 and 7.4% in January 2024, data from the country's statistics board INS showed on Thursday (April...