Macroeconomics
Romania Industrial Production Prices Drop 3.4% YoY In December 2023
Romania's industrial production prices for the total (domestic market and non-domestic market) decreased by 3.4% in December 2023 compared to December 2022, data from Romania’s National Stat...
INS: Romania Building Permits Down 5.2% YoY In December 2023
Romanian authorities issued 2,550 residential building permits in December 2023, 5.6% fewer than in November 2023 and 5.2% fewer than in December 2022, data from the country’s statistics boa...
Romania Unemployment Rate Stays Put At 5.4% Month-On-Month In December 2023
Romania’s unemployment rate remained unchanged at 5.4% in December 2023 compared to November 2023, data from the country’s statistics institute INS show on Thursday (February 1, 2024).
Statistics Board: Romanian Managers Expect Stable Economic Activity In January-March 2024
Romanian executives forecast a period of relative stability in manufacturing industry, retail trade and services, in parallel with a moderate decrease in employee numbers in the construction...
Moneycorp: More Than Half Of Businesspeople Believe Romania's Economy Will Enter Technical Recession In 2024
Businesspeople look with concern at the prospects of 2024, against the background of the increase in operational costs and the evolution of inflation at a still very high level, expecting Ro...
CFA Analysts Forecast 5.78% Inflation, Expect Leu to Reach 5.0781 Units Per Euro in Next 12 Months
Financial analysts part of CFA Romania association estimate the Romanian currency will fall to an average exchange rate of 5.0781 units/euro in the next 12 months, while the estimated rate o...
Romania Private Lending Up By 6.4% YoY To RON387B In December 2023
Private lending in Romania kept going up slightly in December 2023, seeing an increase of 6.4% in nominal terms (down 0.2% in real terms) to RON387 billion compared with December 2022, centr...
Statistics Board: Romania Had Lowest Prices For Food And Non-Alcoholic Drinks In The EU In 2022
Romania and Bulgaria recorded the lowest prices for consumer goods and services among European Union Member States in 2022, being 41% below the EU average, in line with data from the country...
KPMG: Global GDP Growth May Ease Slightly To 2.2% In 2024 Vs 2.6% In 2023, But Return To 2.6% Growth Seen In 2025
A KPMG report forecasts global GDP growth of 2.2% in 2024 – down from 2.6% in 2023, with a return to 2.6% growth anticipated in 2025.