06.30.2023

Romania had the lowest price level for consumer goods among the EU Member States in 2022, with 42% below the EU average, being the least expensive country for food and non-alcoholic beverages, in line more

04.10.2023

There were 9.1 million farms across the European Union (EU) in 2020, which translates into an estimated 5.3 million fewer farms than in 2005 (the equivalent of a nearly 37% decline), as per the latest more

03.28.2023

After reaching a record high of 96.78% in 2020, the import dependency for the entire family of crude oil and petroleum products declined to 91.67% in 2021, according to a Eurostat report. more

03.08.2023

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 (1.1%) and more

02.14.2023

Romania had the second highest economic growth rate in the European Union in the fourth quarter of 2022, 5% compared with the year-earlier period, after Ireland (15.7%) and ahead of Cyprus (4.4%), more

01.05.2023

Industrial production prices increased by 44.8% in Romania in November of 2022 versus the same period of 2021, placing the country third in the European Union, with higher increases recorded only in more

12.22.2022

Romania is ranked among the top ten European Union Member States regarding the number of medium-sized companies with 50 to 249 employees, according to data from Eurostat, the statistical office of the more

12.19.2022

In 2021, among EU member states, the highest average annual adjusted full-time salary was in Luxembourg (EUR72,200), Denmark (EUR63,300) and Ireland (EUR50,300), and the lowest in Bulgaria more

12.07.2022

Romania had one of the highest annual economic growth rates in the European Union, of 4.7%, in the third quarter of 2022, being outpaced only by Ireland (10.6%), Croatia (5.5%), Cyprus (5.4%), Malta more

12.02.2022

With a crop of 9.18 million tons of wheat harvested from 2.1 million hectares Romania placed fourth in the European Union (EU) in 2022, data from Eurostat, the statistical office of the European more

12.02.2022

Romania placed last in the European Union by research and development (R&D) expenditure as a percentage of GDP in 2021, the statistical office of the European Union, showed on Friday (Dec 2). more

10.31.2022

Electricity prices for household consumers rose in almost all EU member countries in the first half, with the highest increases seen in the Czech Republic (62%), Latvia (59%) and Denmark (57%), more

09.13.2022

Romania placed second among European Union countries that produced the most bicycles in 2021, according to data released by EU’s statistical office Eurostat. more

08.19.2022

Romania, with an annual inflation rate of 13% in July 2022 (based upon the harmonized consumer price index of the European Commission), has the second lowest rate in the European Union (EU), as per more

06.22.2022

Romania had the lowest consumer prices in Europe in 2021, with a price level for consumer goods and services of 55.5% of the EU average, according to Eurostat, the statistical office of the European more

06.21.2022

Actual Individual Consumption (AIC) is a measure of material welfare of households. In 2021, AIC per capita expressed in Purchasing Power Standards (PPS) varied from 63% to 146% of the EU average more

03.10.2022

In the fourth quarter of 2021, seasonally adjusted GDP increased by 0.3% in the euro area and by 0.4% in the EU, compared with the previous quarter, according to a flash estimate published by more

01.28.2022

Romania ranks among the last European Union Member States regarding the minimum wage in January 2022, data from Eurostat, the statistical office of the European Union, showed on Friday. more

11.29.2021

With a R&D intensity of 0.5% of the gross domestic product (GDP), Romania ranks last among European Union Member States, data from Eurostat, the statistical office of the European Union, showed on more

11.17.2021

Romania had the biggest economic growth in the European Union in the third quarter of 2021, with a year-over-year increase of 8% in seasonally adjusted data, considering that the EU average was 3.9%, more

10.20.2021

Romania ranks fifth among European Union Member States regarding the annual inflation rate, with consumer prices increasing by 5.2% in September 2021 compared to September 2020, based on the more

09.08.2021

In the second quarter of 2021, seasonally adjusted GDP increased by 2.2% in the euro area and by 2.1% in the EU compared with the previous quarter, according to estimates by Eurostat, the statistical more

09.03.2021

Romania recorded the tenth lowest youth unemployment rate among Member States of the European Union, in 2020, data from Eurostat, the statistical office of the European Union, showed Friday. more

08.27.2021

Romania ranks sixth among European Union Member States, with a 1.7% ratio of general government expenditure on defense to GDP in 2019, Eurostat, the statistical office of the European Union, said on more

07.01.2021

In May 2021, the euro area seasonally-adjusted unemployment rate stood at 7.9%, up from 7.5% in May 2020. At the same time, the EU unemployment rate was 7.3% in May 2021, up from 6.9% in May 2020, more