Macroeconomics
Organization for Economic Co-operation and Development Expects Romania’s Economy To Grow 3.1% In 2024
The Organization for Economic Co-operation and Development (OECD) is expecting Romania’s GDP to grow by 3.1% in 2024 and by 3.3% in 2025, up from 2% in 2023, according to the latest OECD Eco...
Statistics Board: Net Investments In Romania Up 16.6% YoY To RON189.3B In 2023
Net investments in Romania’s economy totaled RON189.3 billion in 2023, up 16.6% year-over-year, data from the country’s statistics board INS showed on Tuesday (March 12).
Romania’s Trade Deficit Narrows 15.5% YoY To EUR1.95B In January 2024
Romania's trade balance posted a deficit of EUR1.95 billion in January 2024, lower by EUR359 million (-15.5%) compared to January 2023, data from the country's statistics board INS showed on...
Statistics Board Revises Romania’s 2023 Economic Growth To 2.1% From 2%
Romania's gross domestic product (GDP) estimated for 2023 amounted to RON1,598 billion current prices, increasing in real terms by 2.1% compared to 2022, provisional (1) estimates from the c...
Deloitte: Romania Companies Expect Economic Indicator Improvement, Remain Cautious amid High Uncertainty
Companies in Romania expect an improvement in macroeconomic indicators such as GDP, inflation and unemployment, but seem to maintain a cautious approach amid the high uncertainty degree, rev...
Statistics Board: Romania Retail Sales Grow 6.6% YoY In January 2024
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 6.6% in unadjusted data and by 5.1% when adjusted for seasonality and number of working...
INS: Romania's Hourly Labor Costs Up 16.85% In 4Q/2023 Vs 4Q/2022
Romania's hourly labor costs adjusted to the number of working days increased by 16.85% in the fourth quarter of 2023 compared to the fourth quarter of 2022, data from the country's statisti...
Romania Industrial Production Prices Drop 6% YoY In January 2023
Romania's industrial production prices for the total (domestic market and non-domestic market) decreased by 6% in January 2024 compared to January 2023, data from Romania’s National Statisti...
Romania Unemployment Rate Rises To 5.7% Month-On-Month In January 2024
Romania’s unemployment rate rose to 5.7% in January 2024, higher by 0.1 percentage points compared to December 2023, data from the country’s statistics institute INS show on Monday (March 4,...