Macroeconomics
Romania's Industrial Production Drops 4.8% YoY In May 2023
Romania’s industrial production decreased by 4.8% in unadjusted data in May 2023 versus May 2022 due to drops reported for the electricity, gas, steam and air conditioning supply (-12.3%) an...
Romania's Annual Inflation Drops Further To 10.3% In June 2023
Romania's annual inflation continued to decrease in June 2023 reaching 10.3% compared to June 2022, data from the country's statistics board INS showed on Thursday (July 13).
Romania Average Net Salary Dips 0.5% In May 2023 Vs April 2023
The average net salary in Romania edged down 0.5% in nominal terms in May 2023 compared to April 2023, to 4,543 (EUR917), data from the country's statistics board INS showed on Tuesday (July...
Romania’s Trade Gap Narrows by 13.4% YOY To EUR11B in Jan-May 2023
Romania’s trade gap in January-May 2023 shrank by 13.4% from the year-earlier period, to EUR11.05 billion, after exports rose by 7.5% and imports went up by 2.1%, in line with the country’s...
INS: Romania’s Total Average Income/Household at RON6,979: Average Expenditure/Household at RON5,971 in 1Q/2023
Total average income per household in Romania rose by 12.1% in the first quarter of 2023 vs the same period of last year, to RON6,979/month, namely RON2,797 per person, up 13%, in line with...
Statistics Board Upwardly Revises Romania’s 1Q/2023 GDP Growth
Romania’s statistics board INS upwardly reviewed the country’s economic growth for the first quarter of 2023 against the fourth quarter of 2022, to 0.2%, from 0.1% in June, but also against...
Statistics Board: Romania Retail Sales Up 3.2% YoY In May 2023
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 3.2% in unadjusted data and by 2.7% when adjusted for seasonality and number of working...
Industrial Production Prices Up 7.7% In May 2023 Over May 2022
Romania's industrial production prices for the total (domestic market and non–domestic market) increased by 7.7% in May 2023 compared with May 2022, data from Romania’s National Statistics I...
Retail Investor Tranche In Hidroelectrica IPO 450% Oversubscribed
Retail investors subscribed RON5.9 billion worth of Hidroelectrica (H2O.RO) shares in the first seven days of the IPO, so their tranche is almost 450% or 3.5 times oversubscribed, ZF has fou...