Romania Posts Current Account Gap of EUR8.778B in Jan-Oct
12.14.2020
Romania's current account balance posted a deficit of EUR8.778 billion in January-October, compared with a deficit of EUR9.117 billion in the same period in 2019, central bank data showed Monday.
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Statistics Board: Romania Retail Sales Grow 8.4% YoY In January-September 2024
11.07.2024
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 8.4% in unadjusted data and by 7.7% when... more
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Romania Forex Reserves Shrink To EUR62.8B In October 2024
11.01.2024
Romania's foreign exchange reserves shrank by EUR2.93 billion to EUR62.8 billion in October 2024, from EUR65.77 billion at the end of September,... more
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Foreign Direct Investment In Romania’s Trade Overshoots EUR20B Mark in 2023
11.01.2024
The foreign direct investments in the Romanian trade exceeded the EUR20 billion mark for the first time last year, as companies in the sector... more
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IMF Delegation Set to Visit Bucharest in November 5-8 Period
10.28.2024
A delegation of the International Monetary Fund led by Jan Kees Martjin, head of the IMF mission in Romania, will visit the country during November... more
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Eurostat: Romania Had The 3rd Largest Government Deficit In The EU In 2023
10.22.2024
Romania had the third largest government deficit (- 6.5%) in the European Union (EU) in 2024, behind only Italy (-7.2%) and Hungary (-6.7%),... more
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Statistics Board: Romanian Construction Works Down 3.1% YoY In January-August 2024
10.18.2024
The volume of construction works in Romania decreased, in unadjusted data, by 3.1% in January-August 2024 and by 2.5% when adjusted for the number... more
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Eurostat: Romania Posts Highest Annual Inflation Rate In The EU, Of 4.8%, In September 2024
10.17.2024
Romania had the highest annual inflation rate, of 4.8%, among European Union Member States, in September 2024, data from Eurostat, the statistical... more
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UniCredit: Romania Got Only EUR200M In NRRP Funds In 2024
10.15.2024
Romania got EUR9.4 billion in NRRP funds between 2021 and the third quarter of 2024 or 33% of its allotment via this EU program. Estimates for 2024... more
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ING Bank: Romania Could Be Among Top Ten Economies In EU In 10 Years
10.15.2024
Romania’s economy could double in the next ten years, so the GDP would reach EUR700 billion, with an average growth rate of 3% to 3.5% a year and... more
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Romania's Total External Debt Up By EUR14.1B In Jan-Aug 2024, To EUR182.5B
10.14.2024
Romania's total external debt (public and private) increased by EUR14.1 billion in January-August 2024 versus December 31, 2023, up to EUR182.5... more
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Statistics Board: Romania's Industrial Production Falls 4.3% YoY In August 2024
10.14.2024
Romania’s industrial production decreased by 4.3% in unadjusted data in August 2024 versus August 2023 and by 2% when adjusted for seasonality... more
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Romania Average Net Salary Down 1.6% In August 2024 vs July 2024
10.11.2024
The average net salary in Romania decreased by 1.6% in nominal terms in August 2024 compared to July 2024, to 5,158 (EUR1,037), data from the... more
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Romania's Annual Inflation Keeps Downward Trend, Falls To 4.6% In September 2024
10.11.2024
Romania's annual inflation further declined in September 2024, reaching 4.6%, from 5.1% in August 2024 and 5.4% in July 2024, data from the... more
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Statistics Board Upwardly Revises Romania’s GDP Growth At 0.9% In Q2/2024 vs Q1/2023, At 0.3% vs Q1/2024
10.10.2024
Romania’s statistics board INS upwardly revised the country’s economic growth for the second quarter of 2024 against the same quarter of 2023... more
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Romania’s Trade Deficit Widens 14.6% YoY To EUR20.9B In January-August 2024
10.10.2024
Romania's trade balance posted a deficit of EUR20.9 billion in January-August 2024, higher by 14.6% compared to the same period of 2023, data from... more
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Statistics Board: Average Income Per Household In Romania At RON8,210 In Q2/2024, Up 18.8% YOY
10.07.2024
The total monthly average income in Romania stood at RON8,210 per household, in nominal terms, in Q2/2024, representing RON3,274 per person, 2%... more
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Statistics Board: Romania Retail Sales Grow 8.1% YoY In January-August 2024
10.07.2024
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 8.1% in unadjusted data and by 7.3% when... more
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Statistics Board: Romania Industrial Production Prices Up 2.7% YoY In August 2024
10.02.2024
Romania's industrial production prices for the total (domestic market and non-domestic market) rose 2.7% in August 2024 compared to August 2023,... more
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Romania Unemployment Rate At 5.5% Month-On-Month In August 2024
10.02.2024
Romania’s unemployment rate stood at 5.5% in August 2024, higher by 0.1 percentage point compared to July 2024, data from the country’s... more
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Statistical Data: Foreign Direct Investment In Romania At EUR6.74B In 2023 vs Record High Of EUR10B In 2022
09.30.2024
Romania attracted foreign direct investments (FDI) totaling EUR6.74 billion in 2023, compared with a record level of EUR10 billion reported for... more
The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
moreMore than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
moreRomania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
moreBucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
moreThe volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
moreThe assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
moreRomania smartphone market is expected to be flat at around 3.5-3.6 million units this year as in recent years there’s been a downward
moreFiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
moreAnalysis
Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting SavingsRomania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.