Macroeconomics
Romania's Annual Inflation Rate Drops Further In October 2023 To 8.1%
Romania's annual inflation kept its downward trend in October 2023, decreasing to 8.1%, compared to 8.8% in September 2023 and 9.4% in August 2023 and July 2023, data from the country's stat...
Romania's Central Bank Keeps 7.5% Inflation Forecast For End-2023
Romania's central bank has kept its inflation forecast at 7.5% for the end of 2023, according to the Quarterly Inflation Report presented by central bank governor Mugur Isarescu on Friday (N...
Romania’s Trade Gap Narrows by 18.4% in Jan-Sept 2023 To EUR20.3B
Romania’s trade deficit in the first nine months of 2023 shrank by 18.4% to a total of EUR20.3 billion, as the country’s exports rose by 2.1%, while imports dropped by 3.4%, data from the st...
Deloitte: Global Leaders See Geopolitical Challenges, Inflationary Trends, Increased ESG Expectations As Top Risks Impacting Their Third-Party Relationships
Global leaders view geopolitical challenges (61%), inflationary trends (46%) and concerns about their ability to meet increased environmental, social, and governance (ESG) expectations (40%)...
Statistics Board: Romania Retail Sales Edge Down 0.9% YoY In September 2023
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) inched down 0.9% in unadjusted data and grew by 0.7% when adjusted for seasonality and number of work...
Erste Group: Romania Likely to Hit New 8% Inflation Peak in Jan-Feb 2024
Erste Group, which owns BCR in Romania, has upwardly revised its Romania inflation estimate for 2024 amid stepped up inflationary pressures, now expecting a peak of at least 7% in January-Fe...
Moody’s Affirms Romania’s Baa3 Ratings, Keeps Stable Outlook
International rating agency Moody’s Investors Service (Moody’s) has affirmed the Romanian Government's long-term Issuer and Senior Unsecured Ratings at Baa3 and has also affirmed the Senior...
Romania Unemployment Rate Unchanged At 5.4% In September 2023
Romania’s unemployment rate stood at 5.4% in September 2023, the same as in August 2023, data from the country’s statistics institute INS show on Friday (November 3).
Romania Industrial Production Prices Inch Down 0.4% in September YOY
Industrial production prices dropped by 0.4% in September against the same period of 2022, as prices on the domestic market declined by 1%, while prices on the non-domestic market edged up b...