Macroeconomics
INS: Romania Building Permits Down 15.1% YoY In November 2023
Romanian authorities issued 2,700 residential building permits in November 2023, 10.1% fewer than in October 2023 and 15.1% fewer than in November 2022, data from the country’s statistics bo...
Romania’s Trade Deficit Narrows By 17.6% YoY To EUR25.5B In January-November 2023
Romania's trade balance posted a deficit of EUR25.5 billion in January-November 2023, lower by EUR5.45 billion (-17.6%) compared to January-November 2022 period, data from the country's stat...
Statistics: Net Investments In New Construction Works In Romania Topped RON74.18B In Jan-Sept 2023
Net investments in new construction works exceeded RON74.188 billion in the first nine months of 2023, accounting for 62.6% of total investments in Romania's economy, compared to 62% in the...
iBanFirst Analysts Predict Slight Depreciation Of Romanian Leu Vs Euro In Q1/2024 Amid Romania's Frail Economic Growth
iBanFirst analysts expect a slight depreciation trend for the Romanian leu (RON) versus the euro and dollar in the first quarter of 2024, amid weak growth of the Romanian economy.
Statistics Board: Romania Retail Sales Up 3.8% YoY In November 2023
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 3.8% in unadjusted data and by 3.3% when adjusted for seasonality and number of working...
Romania Industrial Production Prices Drop 2.6% YoY In November 2023
Romania's industrial production prices for the total (domestic market and non-domestic market) decreased by 2.6% in November 2023 compared to November 2022, data from Romania’s National Stat...
CFA Romania Analysts Expect Deficit To Reach 5.7% Of GDP In 2023
Financial analysts with CFA Romania association says the public budget deficit expected for this year will be 5.7% of GDP and will reach 5.2% in 2024.
INS Revises Romania’s Economic Growth From 4.7% To 4.1% In 2022
The gross domestic product estimated for 2022 (semi-final data) stood at RON1,401 billion, an increase of 4.1% in real terms compared with 2021, Romania’s National Statistics Institute annou...
INS: Romania Construction Works Up 10.7% YoY In October 2023
The volume of construction works in Romania increased, in unadjusted data, by 10.7% in October 2023 compared to October 2022 and was up 7.6% when adjusted to the number of working days and t...