05.12.2023

Romania is the only country in the European Union (EU) facing the excessive deficit procedure, therefore, it must carry out a fiscal adjustment process which is essential, the country's central bank more

05.12.2023

Romania's annual inflation rate fell to 11.2% in April 2023 compared to 14.5% in March 2023, 15.5% in February 2023 and 15.1% in January 2023, data from the country's statistics board INS showed on more

05.10.2023

Against the backdrop of high inflation, the main business objective of 75% of online retailers in Romania is to expand their product range in order to meet and satisfy consumer needs for diversity and more

05.09.2023

Romania’s national commission for prognosis and statistics in its spring report revised downward its projection for the country’s inflation to 7.4% at the end of 2023 from a previous projection of more

04.26.2023

Romania's freight transport market continued to grow in the first quarter of 2023, but below the level of 2022, against the background of a decline in consumption and implicitly in industrial more

04.26.2023

Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0274 units per euro in the next 12 months, while the anticipated rate of more

04.13.2023

Romania's annual inflation rate fell to 14.5% in March 2023 after reaching 15.5% in February 2023 and 15.1% in January 2023, data from the country's statistics board INS showed on Thursday (April 13). more

04.10.2023

High inflation and rising interest rates have increased the banks’ caution in financing the real estate sector, but the commercial property market in Romania remains stable, with limited adjustments more

04.10.2023

Seven out of ten participants to Deloitte Retail industry outlook 2023 identify labor issues as the main challenge of the year, and almost all of them expect inflation to pressure their profit more

03.24.2023

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 euro. more

03.14.2023

Confidence in the economy is slowly improving in Central Europe (CE) although risks such as inflation, supply chain issues and the rising costs of energy, materials and labor continue to impact more

03.13.2023

Romania's annual inflation rate edged up to 15.5% in February 2023 after slowing down to 15.1% in January 2023, data from the country's statistics board INS showed on Monday (March 13). more

02.28.2023

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 seen more

02.22.2023

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 of more

02.15.2023

Romania's central bank revised downwards its inflation forecast for end-2023 to 7% from its previous December projection of 11.2%, central bank governor Mugur Isarescu said on Wednesday (Feb 15) at a more

02.14.2023

Consumer price growth slightly slowed down in January, from the last months of 2022, with the annual inflation rate declining to 15.1%, from 16.4% in December 2022 and 16.8% in November, data from the more

02.06.2023

Austria’s financial group Erste has revised its forecast on Romania’s annual inflation rate down to 8% by end-2023, versus 8.7% in its previous forecast, after the rate touched a record high of more

02.01.2023

Revenues of commercial real estate companies (commercial spaces, business centers and offices, logistics premises) will be impacted this year mainly by persisting high inflation, workforce challenges, more

01.27.2023

The National Commission for Strategy and Prognosis (CNSP) said in its winter forecast that it expects a slowdown in Romania’s economic growth to 2.8% in 2023 and a significant decline in the annual more

01.26.2023

Financial analysts part of the CFA Romania association expect the Romanian leu will depreciate to an average of 5.0636 units to the euro in the next 12 months, while the annual inflation is seen more

01.13.2023

Romania ended 2022 with an annual inflation rate of 16.4% in December as compared to a record high of 16.8% in November, data from the country's statistics board INS showed on Friday (Jan 13, 2023). more

12.22.2022

Financial analysts part of CFA Romania estimate the Romanian currency will decline to an average exchange rate of 5.1021 unit per euro in the next 12 months, while the estimated inflation rate will more

12.21.2022

The rampant inflation has affected Romanians’ budgets for holiday presents, as the amount allocated in 2022 is 40% lower than last year’s, according to the latest survey carried out by online more

12.13.2022

Romania's annual inflation rate climbed to 16.8% in November 2022 as compared to November 2021, data from the country's statistics board INS showed on Tuesday (Dec 13). more

12.13.2022

Romania in November posted record high inflation, of 16.8%, a 20-year high, and December is most likely to bring the peak of this growth cycle, at around 17%, according to ING Bank analysts. more