03.15.2024

The employment rate for the working age population (15-64 years) was 63% in the fourth quarter of 2023, decreasing by 0.3 percentage points compared to the third quarter of 2023, data from Romania's more

03.14.2024

The average net salary in Romania decreased by 4.3% in nominal terms in January 2024 compared to December 2023, to 4,859 (EUR991), data from the country's statistics board INS showed on Thursday more

03.13.2024

Romania’s industrial production decreased by 4% in unadjusted data in January 2024 versus January 2023 and by 3.9% when adjusted for seasonality and the number of working days, data from the more

03.13.2024

Romania's annual inflation grew at a slower pace in February 2024, by 7.2% compared to February 2023, data from the country's statistics board INS showed on Wednesday (March 13). more

03.12.2024

Net investments in Romania’s economy totaled RON189.3 billion in 2023, up 16.6% year-over-year, data from the country’s statistics board INS showed on Tuesday (March 12). more

03.11.2024

Romania's trade balance posted a deficit of EUR1.95 billion in January 2024, lower by EUR359 million (-15.5%) compared to January 2023, data from the country's statistics board INS showed on Monday more

03.08.2024

Romania's gross domestic product (GDP) estimated for 2023 amounted to RON1,598 billion current prices, increasing in real terms by 2.1% compared to 2022, provisional (1) estimates from the country's more

03.06.2024

Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 6.6% in unadjusted data and by 5.1% when adjusted for seasonality and number of working days, in more

03.05.2024

Romania's hourly labor costs adjusted to the number of working days increased by 16.85% in the fourth quarter of 2023 compared to the fourth quarter of 2022, data from the country's statistics board more

03.04.2024

Romania's industrial production prices for the total (domestic market and non-domestic market) decreased by 6% in January 2024 compared to January 2023, data from Romania’s National Statistics more

03.04.2024

Romania’s unemployment rate rose to 5.7% in January 2024, higher by 0.1 percentage points compared to December 2023, data from the country’s statistics institute INS show on Monday (March 4, more

02.29.2024

Romanian authorities issued 1,829 residential building permits in January 2024, 12% fewer than in January 2023, data from the country’s statistics board INS showed on Thursday (Feb 29, 2024). more

02.29.2024

Romanian executives forecast a period of relative stability in retail trade and services, in parallel with relative stability in the number of employees in manufacturing industry, construction and more

02.15.2024

Romania's new industrial orders in manufacturing, for the total (on the domestic and external markets) plunged 14.6%, in nominal terms, in December 2023 compared to November 2023, and inched down 1% more

02.15.2024

Romania’s industrial sales (on the domestic and external markets) decreased by 15.7% in nominal terms in December 2023 compared to November 2023 and by 4% versus December 2022, data from the more

02.14.2024

Romania's economy increased at a 2% annualized pace in 2023 in real terms (in unadjusted data), which is half the 4.1% growth rate reported in 2022, and way below the increase of 5.7% reported in more

02.14.2024

Romania’s industrial production decreased by 6.8% in unadjusted data in December 2023 versus December 2022 and by 2.3% when adjusted for seasonality and the number of working days, data from the more

02.14.2024

Romania's annual inflation resumed its upward trend, increasing by 7.4% in January 2024 compared to January 2023, data from the country's statistics board INS showed on Wednesday (February 14). more

02.12.2024

The average net salary in Romania increased by 6.6% in nominal terms in December 2023 compared to November 2023, to 5,079 (EUR1.036), data from the country's statistics board INS showed on Monday (Feb more

02.09.2024

Romania's trade balance posted a deficit of EUR28.9 billion in 2023, lower by 15.1% compared to 2022, data from the country's statistics board INS showed on Friday (February 9). more

02.03.2024

Romania's industrial production prices for the total (domestic market and non-domestic market) decreased by 3.4% in December 2023 compared to December 2022, data from Romania’s National Statistics more

02.02.2024

Romanian authorities issued 2,550 residential building permits in December 2023, 5.6% fewer than in November 2023 and 5.2% fewer than in December 2022, data from the country’s statistics board INS more

02.01.2024

Romania’s unemployment rate remained unchanged at 5.4% in December 2023 compared to November 2023, data from the country’s statistics institute INS show on Thursday (February 1, 2024). more

01.29.2024

Romanian executives forecast a period of relative stability in manufacturing industry, retail trade and services, in parallel with a moderate decrease in employee numbers in the construction sector more

01.23.2024

Private lending in Romania kept going up slightly in December 2023, seeing an increase of 6.4% in nominal terms (down 0.2% in real terms) to RON387 billion compared with December 2022, central bank more