Macroeconomics
Allianz Trade: Romania’s Economic Prospects Deteriorated Significantly Since Start Of Russia-Ukraine War
Romania has been a strong performer among emerging economies, though periods of economic overheating have caused concern at times, but economic perspectives have deteriorated significantly s...
Romania Industrial Production Prices Grow 21.6% YoY In Feb 2023
Romania's industrial production prices for the total (domestic market and non–domestic market) increased by 21.6% in February 2023 compared to February 2022, data from Romania's statistics b...
INS: Romania Building Permits Down 27.4% YoY In February 2023
Romanian authorities issued 2,571 residential building permits in February 2023, 27.4% fewer than in February 2022, data from the country’s statistics board INS showed Friday (March 31).
Romania Unemployment Rate Edges Down To 5.5% In February 2023
Romania’s unemployment rate stood at 5.5% in February 2023, lower by 0.1 percentage points than 5.6% in January 2023, data from the country’s statistics institute INS shows on Friday (March...
INS: More Job Vacancies In Romania In 2022
In 2022, the average annual number of job vacancies in Romania was 45.1 thousand, increasing by 2.4 thousand as against the previous year.
OTP Bank: Romania’s Economic Growth to Slow Down in H1, Rebound in H2
Romania’s economic growth will slow down in the first half, following a decline in household spending, investments and the compression of the export growth rate, but has solid prospects of a...
Romania Posts Budget Deficit Of RON17B, Or 1.07% Of GDP, YoY In Jan-Feb 2023
Romania’s general consolidated budget posted a deficit of RON17.04 billion in January-February 2023, or 1.07% of gross domestic product (GDP), according to the finance ministry.
CFA Romania Analysts Expect 8.62% Average Inflation, See Leu at 5.0390 Units Per Euro in Next 12 Months
Financial analysts part of CFA Romania Association forecast an average 8.62% inflation rate for the next 12 months and expect the local currency to decline to an average of 5.0390 units per...
INS: Romania Construction Works Up 5.8% YoY In January 2023
The volume of construction works in Romania increased, in unadjusted data, by 5.8% in January 2023 compared to January 2022 and was up 7.2% when adjusted to the number of working days and to...