01.12.2024

The annual inflation rate posted a faster-than-expected decrease in the first two months of Q4/2023, falling to 6.72% in November, from 8.83% in September, amid the continued slowdown in the growth more

01.12.2024

Romania's annual inflation kept its downward trend in December 2023, ending the year at 6.6%, compared to 6.7% in November 2023 and 8.1% in October 2023. more

01.11.2024

KPMG, one of the world’s largest audit and consulting companies, sees Romania’s economy growing by 2.5% in 2024, while inflation should reach 6.9%. Its forecasts were included in the ‘Global more

12.13.2023

Romania's annual inflation kept its downward trend in November 2023, decreasing to 6.7%, compared to 8.1% in October 2023 8.8% in September 2023, and 9.4% in August 2023 and July 2023, data from the more

11.24.2023

Financial analysts part of CFA Romania forecast a 6.28% inflation rate for the next 12 months, down from the previous exercise, and expect the Romanian currency to decline, with the average value of more

11.13.2023

Romania's annual inflation kept its downward trend in October 2023, decreasing to 8.1%, compared to 8.8% in September 2023 and 9.4% in August 2023 and July 2023, data from the country's statistics more

11.10.2023

Romania's central bank has kept its inflation forecast at 7.5% for the end of 2023, according to the Quarterly Inflation Report presented by central bank governor Mugur Isarescu on Friday (November more

11.07.2023

Erste Group, which owns BCR in Romania, has upwardly revised its Romania inflation estimate for 2024 amid stepped up inflationary pressures, now expecting a peak of at least 7% in January-February. more

10.26.2023

Financial analysts part of CFA Romania association say the state budget gap estimated for 2023 will reach 5.8% in GDP, the highest value registered in the CFA survey since the start of the year. more

10.12.2023

Romania's annual inflation decreased to 8.8% in September 2023, after stagnating at 9.4% month-on-month in August 2023, data from the country's statistics board INS showed on Thursday (October 12). more

09.28.2023

Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0753 units/euro in the coming 12 months, while the average inflation more

09.13.2023

Romania's annual inflation stagnated at 9.4% in August 2023, a level similar with the one reported in July 2022, data from the country's statistics board INS showed on Wednesday (September 13). more

08.30.2023

A recent survey conducted by Ipsos for ING Bank shows that 48% of Romanians can no longer afford to save because of inflation, and only 11% manage to put enough money aside to be able to cope with a more

08.25.2023

Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0798 units/euro in the coming 12 months, while the average inflation more

08.11.2023

Romania's annual inflation decreased below the 10% threshold in July 2023, reaching 9.4% compared to July 2022, data from the country's statistics board INS showed on Friday (August 11). more

07.26.2023

Financial analysts part of CFA Romania association forecast an average inflation rate of 8.21% in the next 12 months, up from 7.73% rate forecast in May, amid the high budgetary gap and tax hike more

07.17.2023

2022 soaring prices, from energy to food and from travels to transport, slashed Romanians’ purchasing power, but not companies’ gains. And this during a period when talk about greedflation is more

07.13.2023

Romania's annual inflation continued to decrease in June 2023 reaching 10.3% compared to June 2022, data from the country's statistics board INS showed on Thursday (July 13). more

07.12.2023

The number of employees in Romania planning to change jobs in the next 12 months increased in 2023, with 18% of respondents to the current edition of the PwC Hopes & Fears Workforce survey expressing more

06.28.2023

Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0719 units per euro in the next 12 months, while the anticipated rate of more

06.14.2023

The economic outlook remains closely linked to inflation trends and to the response of central banks, and forecasts are subject to a number of downside risks, including the supply of energy and more

06.13.2023

Romania's annual inflation rate kept decreasing in May 2023 and reached 10.6%, compared to 11.2% in April 2023, 14.5% in March 2023 and 15.5% in February 2023, data from the country's statistics board more

06.13.2023

The overall turnover of the main retailers in Romania in 2022 went up by almost 16.3% year-on-year, an increase that tops the average annual inflation rate of 13.8%, reveals a survey carried out by more

06.07.2023

Lender Banca Transilvania forecasts an increase of 2.9% in private consumption in 2023 and of 4.8% in 2024 and 2025, respectively, in parallel with an average inflation rate of 9.3% in 2023, on the more

05.25.2023

Financial analysts part of CFA Romania association expect the local currency to decline to an average exchange rate of 5.0528 units per euro in the next 12 months, while the anticipated rate of more