Macroeconomics
INS: Romania Building Permits Down 12% YoY In January 2024
Romanian authorities issued 1,829 residential building permits in January 2024, 12% fewer than in January 2023, data from the country’s statistics board INS showed on Thursday (Feb 29, 2024)...
INS: Romanian Managers Expect Relative Stability In Retail Trade, Services And Sharp Price Hikes In Retail In Feb-April 2024
Romanian executives forecast a period of relative stability in retail trade and services, in parallel with relative stability in the number of employees in manufacturing industry, constructi...
Deloitte: Growing Optimism About Economic Evolution In Central Europe
The optimism regarding the economic evolution in Central Europe is growing, according to the latest Deloitte Central Europe Private Equity (PE) Confidence Survey, as the share of respondents...
Romania's Central Bank Anticipates More Pronounced Acceleration Of Country's Economic Growth In 2024 And 2025
Romania's central bank predicts a more pronounced acceleration of the country's economic growth in 2024 and 2025 than in previous forecasts, amid a slowdown in inflation and the recovery of...
Financial Analysts See Romania’s Economic Growth At Over 2% in 2024
Romania’s economic growth will reach 2% to 2.5% in 2024, most chartered financial analysts at the CFA Forecast Dinner organized by the CFA association agreed.
Romania’s Crude Oil Production Drops 4.4% YoY In 2023
Romania produced a quantity of crude oil of 2.795 million tons of oil equivalent (toe) in 2023, fewer by 129,200 toe (-4.4%) than in the same period of 2022, in line with data released by th...
European Commission Revises Romania' Economic Growth Forecast Down To 2.9% In 2024, Expects 5.8% Annual Inflation
The European Commission, in its Winter Forecast on February 15, revised downwards its forecast for Romania’s economic growth to 2.9% for 2024 and 3.2% for 2025, lower by 0.2 percentage point...
Romania Manufacturing Industry Orders Drop 14.6% On Month In December 2023
Romania's new industrial orders in manufacturing, for the total (on the domestic and external markets) plunged 14.6%, in nominal terms, in December 2023 compared to November 2023, and inched...
Romania Industrial Sales Down 15.7% On Month In December 2023
Romania’s industrial sales (on the domestic and external markets) decreased by 15.7% in nominal terms in December 2023 compared to November 2023 and by 4% versus December 2022, data from the...