Macroeconomics
INS: Romania Retail Sales Grow 7.3% YoY In March 2023
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 7.3% in unadjusted data and by 6.7% when adjusted for seasonality and number of working...
INS: Tourist Arrivals In Romania Grow 18.6% YoY In March 2022
Arrivals at Romanian tourism accommodation establishments grew by 18.6% in March 2023 to 815,200 compared to March 2022 and overnight stays grew 16.2% on the year, the statistics institute I...
Romania Industrial Production Prices Grow 13.6% YoY In March 2023
Romania's industrial production prices for the total (domestic market and non–domestic market) increased by 13.6% in March 2023 compared to March 2022, data from Romania's statistics board I...
Romania Unemployment Rate Inches Down To 5.4% On Month In March 2023
Romania’s unemployment rate stood at 5.4% in March 2023, lower by 0.1 percentage points than 5.5% in February 2023, data from the country’s statistics institute INS shows on Wednesday (May 3...
INS: Romania Building Permits Down 23.8% YoY In March 2023
Romanian authorities issued 3,346 residential building permits in March 2023, 30.1% more than in February 2023 and 23.8% fewer than in March 2022, data from the country’s statistics board IN...
Romania Posts Budget Deficit Of RON22.75B, Or 1.42% Of GDP, YoY In Jan-March 2023
Romania’s general consolidated budget posted a deficit of RON22.75 billion in January-March 2023, or 1.42% of gross domestic product (GDP), the finance ministry said on Friday (April 28).
CFA Romania Analysts Forecast 8.96% Average Inflation, See Leu At 5.0274 Units Per Euro in Next 12 Months, Expect Romania Economy to Grow by 3% in 2023
Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0274 units per euro in the next 12 months, while the anticipat...
EY: European Economy Shows Resilience But The Recovery Will Be Sluggish
Euro area economic growth surprised on the upside, with stagnant GDP in Q4/2022 and likely modest growth in Q1/2023, quelling previous expectations of an imminent recession, as per the EY Eu...
Romania Ends 2022 with 5.6% Unemployment Rate, Flat from 2021
Romania in 2022 registered a 5.6% unemployment rate (464,400 persons), a level similar to the 2021 one, as the employment rate for people aged between 20-64 reached 68.5%, up 1.4% from the p...