Macroeconomics
Romania Industrial Production Prices Grow 11.6% YoY In April 2023
Romania's industrial production prices for the total (domestic market and non–domestic market) increased by 11.6% in April 2023 compared to April 2022, data from Romania's statistics board I...
Romania Forex Reserves Shrink To EUR53.08B On Month In May 2023
Romania's foreign exchange reserves stood at EUR53.08 billion in May 2023, lower than the EUR53.34 billion in April, central bank data showed on Friday (June 2).
INS: Romania Building Permits Down 32.3% YoY In April 2023
Romanian authorities issued 2,677 residential building permits in April 2023, 20% fewer than in March 2023 and 32.3% fewer than in April 2022, data from the country’s statistics board INS sh...
Romania Unemployment Rate Inches Up To 5.6% On Month In April 2023
Romania’s unemployment rate stood at 5.6% in April 2023, higher by 0.1 percentage points than 5.5% in March 2023, data from the country’s statistics institute INS shows on Wednesday (May 31)...
Association: Romanian Open-End Investment Funds Reach RON17.8B Assets At End-April 2023, Up 2% Since Early 2023
The net assets of the 93 Romanian open-end investment funds totaled RON17.8 billion (EUR3.6 billion) in April 2023, up 1.9% since the beginning of the year, data from the local Association o...
Central Bank: Romania Private Lending Grows 9% YoY In April 2023
Private lending in Romania grew by nearly 9% in nominal terms (-2.2% in real terms) in April 2023 versus April 2022 to RON369.9 billion, as local currency lending increased by 1.6% (-8.6% in...
CFA Romania Analysts Project 8.13% Average Inflation, See Leu at 5.0528 Units/EUR In Next 12 Months, Cut 2023 GDP Growth Forecast to 2.8%
Financial analysts part of CFA Romania association expect the local currency to decline to an average exchange rate of 5.0528 units per euro in the next 12 months, while the anticipated rate...
INS: Romania Construction Works Up 12.7% in 1Q/2023 vs 1Q/2022
The volume of construction works in Romania went up by 12.7% in the first three months of this year against the year-earlier period, in line with data from the country’s statistics board INS...
Leu At All-Time Low Against The Euro On May 19
The euro/leu exchange rate reached a new all-time high on Friday, May 19, RON4.9783/EUR, after having previously peaked at RON4.9731/EUR on Thursday.