02.17.2023

Over two thirds (69%) of consumers globally have reduced non-essential spending and most of them (96%) have adopted cost-saving behaviors, against the backdrop of record-high prices all over the more

01.17.2023

Romanians spent EUR6.5 billion on vacations abroad in the first eleven months of last year, and the whole-year spending will most likely overshoot the EUR7 billion mark, ZF has calculated from the more

12.21.2022

Romanians spend RON4.3 billion on cold cuts a year, an indicator that has increased in the last few years and first half data of research company Market Vector show a slight rise of 2.2%. more

12.19.2022

Holiday spending remains at 2021 level this year, even though 37% of consumers are in a worse financial situation compared to last year and about three-quarters (73%) expect higher prices, according more

11.28.2022

VAT revenue, the second most important resource of the state budget and a barometer for consumer spending increased by 3% in October 2022 compared with October 2021, according to the budget execution more

09.29.2022

Romanians’ spending habits have not changed a lot since before the pandemic, and expenses are uniformly spread across the week, with slight differences between working days and weekend days, a more

09.19.2022

Romanians have adapted their financial behavior in the context of the accelerated increase in inflation, prices and utility bills in recent months, with almost half of them (47%) reducing costs, more

08.25.2022

The revenues of the general consolidated budget stood at RON258 billion in January-July 2022, an increase of 22% on the year-ago period. Expenses stood at RON285 billion, an increase of 16%, a higher more

06.22.2022

Romanians spent EUR1.9 billion on travel abroad in January-April 2022, as compared to EUR953 million in the same period of 2021, when there were travel restrictions in force amid the pandemic, in line more

02.03.2022

The pharmaceutical market in Romania generated sales of over RON21 billion in 2021, up 17% from the previous year, according to data provided by market research company Cegedim. more

12.20.2021

Foreign tourists who came on holiday in Romania in January-October 2021 spent around EUR2 billion, in line with data provided by the National Bank of Romania. more

12.06.2021

According to PwC, consumers are returning to in-store shopping in greater numbers, and out-of-home entertainment and travel are on the rise as three in five (61%) express optimism about the future, more

11.24.2021

Romania’s cosmetics and personal care market reached a value of EUR1.56 billion in 2020, the first pandemic year, 2% less than in 2019, in line with data provided by market research company more

11.15.2021

Possible increases in public spending are currently unsustainable and impossible to cover from budget revenues and will end up in an increased level of public debt, more need for loans from the more

08.04.2021

The online gambling and sports betting market in Romania surged 90% to more than EUR500 million in 2020, data cited by industry leader Superbet show. more

07.09.2021

The restaurant market went down to less than RON10 billion in 2020 compared with RON14 billion in 2019. The fast-food segment accounted for some 20% to 25%. more

04.19.2021

Consumer spending rose a lot in small cities of less than 50,000 people in the first two months of 2021 compared with the year-ago period, so sales of food, personal and household care products went more

04.15.2021

Antibiotice Iasi (ATB.RO), the largest Romanian-held pharmaceutical producer, has budgeted RON366.5 million revenue for 2021, an increase of 7.5% on 2020, as shown in its spending and revenue budget. more

03.25.2021

Footwear retailer Benvenuti, held by local entrepreneur Dan Pavel, believes the fashion market will follow the same trend in 2021 as it did in the second half of last year, with lower sales than the more

12.01.2020

Romanian consumers spend about 650 million lei on organic food (or 1.2% of the entire spending on food in the country), ZF has calculated from the data supplied by market research company Retail Zoom. more

08.13.2020

Romanians spent just EUR328 million on vacations abroad in April-June this year, 70% less compared with EUR1.2 billion, under the impact of the coronavirus pandemic on the travel industry. more

07.27.2020

The number of savings accounts opened by ING Romania customers through the Home’Bank platform grew at an annual rate of 144% in the second quarter of 2020, also driven by the bank's launch of a more

07.02.2020

Approximately 46% of Romanians said they spent less during the coronavirus lockdown, above the EU average of 44%, and 31% said they saved more, similar to the EU average of 30%, according to a global more

06.30.2020

The coronavirus crisis has cost Romania RON3.1 billion so far, including spending on medical equipment and social spending such as furlough payments, finance minister Florin Citu said on TV station more

05.27.2020

Romanians spent 14% more in the fits quarter of the year on fast moving consumer goods compared with the same period last year and acquired quantities grew 11% as people tended to stock up during more