Macroeconomics
Romania Ends Q1, 2023 With 5.8% Unemployment Rate
Romania ended the first quarter of 2023 with a 5.8% unemployment rate (471,800 people), about the same as in the fourth quarter of 2022, while employment rate in the 20-64 age group stood at...
Romania Industrial Sales Slump 16.3% On Month In April 2023
Romania’s industrial sales (on the domestic and external markets) declined 16.3% in nominal terms in April 2023 compared to March 2023 and by 3% versus April 2022, data from the country’s st...
Romania Manufacturing Industry Orders Down 18% On Month In April 2023
Romania's new industrial orders in manufacturing, for the total (on the domestic and external markets) saw a decline of 18%, in nominal terms, in April 2023 compared to March 2023, and of 0....
INS: Romania's Electricity Consumption Drops 7.7% YoY In January-April 2023
Romania's final electricity consumption fell by 7.7% year-over-year in January-April 2023, considering that electricity consumption in the local economy fell by 5.4%, household consumption p...
Coface: Economic Outlook Remains Closely Linked To Inflation And Central Banks' Response
The economic outlook remains closely linked to inflation trends and to the response of central banks, and forecasts are subject to a number of downside risks, including the supply of energy...
Romania's Industrial Production Drops 7.1% YoY In April 2023
Romania’s industrial production decreased by 7.1% in unadjusted data in April 2023 versus April 2022 due to drops reported for the manufacturing industry (-8%) and for the electricity, gas,...
Romania's Current Account Deficit Shrinks To EUR5.46B YoY In January-April 2023
Romania's current account balance posted a deficit of EUR5.46 billion in January-April 2023, lower by EUR2.2 billion than EUR7.71 billion in the same period of 2022, central bank data showed...
Romania Average Net Salary Edges Up 0.2% In April 2023 Vs March 2023
The average net salary in Romania increased by 0.2% in nominal terms in April 2023 compared to March 2023, to 4,564 (EUR920), data from the country's statistics board INS showed on Tuesday (...
Romania's Annual Inflation Keeps Downward Trend In May 2023, Drops To 10.6%
Romania's annual inflation rate kept decreasing in May 2023 and reached 10.6%, compared to 11.2% in April 2023, 14.5% in March 2023 and 15.5% in February 2023, data from the country's statis...