Macroeconomics
Eurostat: Romania Posts Fourth Highest GDP Growth In The EU In 4Q/ 2022
Among the European Union Member States, the highest economic growth in the fourth quarter of 2022 compared to the third quarter of 2022 was recorded by Greece (1.4%), Malta (1.2%), Cyprus (1...
Romania’s Economy Grows 4.8% YoY In 2022
Romania's gross domestic product (GDP) grew by 4.8% in real terms (in unadjusted data) in 2022 as compared to 2021, provisional (1) estimates from the country’s statistics board INS showed o...
INS: Romania Retail Sales Drop 22% In January 2023 Vs December 2022
Retail sales volume in Romania, excluding vehicle and motorcycle sales, decreased by 22% in unadjusted data in January 2023 compared to December 2022 and increased by 0.7% when adjusted for...
Romania Industrial Production Prices Surge 24% YoY In January 2023
Romania's industrial production prices for the total (domestic market and non–domestic market) increased by 24% in January 2023 compared to January 2022, data from Romania's statistics board...
Romania Unemployment Rate Unchanged At 5.6% In Jan 2023 Vs Dec 2022
Romania’s unemployment rate stood at 5.6% in January 2023, the same as in December 2022, data from the country’s statistics institute INS shows on Thursday (March 2).
CFA Romania Analysts Expect 9.18% Inflation, See Leu At 5.02 Units/Euro In Next 12 Months
Financial analysts part of the CFA Romania association expect the Romanian leu will depreciate to an average of 5.0215 units to the euro in the next 12 months, while the annual inflation is...
Romania Private Lending Grows 11.5% YoY In January 2023
Private lending in Romania grew by 11.5% in nominal terms (-3.1% in real terms) in January 2023 versus January 2021 to RON364 billion, as local currency lending increased by 6.4% (-7.5% in r...
Romania's Central Bank Says GDP Growth Will Slow Down Significantly In 2023, But Will Recover In 2024
Romania's economic growth will slow down significantly in 2023, but will revive in 2024 more than previously anticipated, according to the minutes of the monetary policy meeting of the Board...
INS: Number Of Job Vacancies In Romania Drops By 3,800 YoY In 4Q/2022
The number of job vacancies in Romania dropped by 3.8 thousand in the last quarter of 2022 compared to the same quarter of 2021 and the job vacancy rate decreased by 0.09 percentage points,...