Macroeconomics
Romania's Annual Inflation Rate Drops To 8.8% In September 2023
Romania's annual inflation decreased to 8.8% in September 2023, after stagnating at 9.4% month-on-month in August 2023, data from the country's statistics board INS showed on Thursday (Octob...
IMF Revises Romania’s Economic Growth Forecast Downwards To 2.2% In 2023
The International Monetary Fund (IMF) predicts an economic growth of 2.2% for Romania in 2023, lower than in its previous spring projection of 2.4%, according to its latest report released o...
Romania’s Trade Deficit Shrinks 17.2% YoY To EUR18.2B In January-August 2023
Romania's trade balance posted a deficit of EUR18.2 billion in January-August 2023, lower by 17.2% compared with January-July 2022 period, data from the country's statistics board INS showed...
Statistics Board: Average Income Per Household In Romania At RON6,910 In Q2/2023
The total monthly average income in Romania stood at RON6,910 per household, in nominal terms, and at RON2,770 per person in Q2/2023, a decrease of 1.0% compared to Q1/2023.
International Monetary Fund "Encourages“ Romania To Ready New Tax Reforms
An International Monetary Fund (IMF) mission, led by Jan Kees Martijn, has presented in Bucharest, on October 4, its preliminary findings regarding the evaluation of Romania's economy.
Statistics Board: Romania Retail Sales Edge Up 0.6% YoY In August 2023
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) inched up 0.6% in unadjusted data and grew 1.1% when adjusted for seasonality and number of working d...
Romania Industrial Production Prices Drop 3.3% In August 2023 vs August 2022
Romania's industrial production prices for the total (domestic market and non–domestic market) decreased by 3.3% in August 2023 compared to August 2022, data from Romania’s National Statisti...
Romania Unemployment Rate Inches Down To 5.4% On Month In August 2023
Romania’s unemployment rate stood at 5.4% in August 2023, lower by 0.1 percentage points than 5.5% in July 2023, data from the country’s statistics institute INS shows on Monday (October 2).
Statistics Board: Foreign Direct Investment In Romania Hit EUR10.03B In 2022, Up 12% YoY
Romania attracted foreign direct investments (FDI) totaling EUR10.03 billion in 2022, up 12% versus EUR8.9 billion in 2021, an analysis by the country's central bank and the statistics board...