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 Friday (May 12).
Employees in Romania's IT industry are restrained in the decision to change their current job (almost one in three is not considering leaving their present job and working for another company), they want a pay rise to keep pace with inflation (over 20% of the current salary), a flexible schedule and fringe benefits.
Romania's final electricity consumption fell by 7.4% year-over-year in January-February 2023, considering that household consumption plunged by 18.2% and public lighting by 26%, as per data from the country's statistical office INS.
Romania's current account balance posted a deficit of EUR2.61 billion in January-February 2023, lower by 17% than EUR3.15 billion in the same period of 2022, central bank data showed on Thursday (April 13, 2023).
Romania's current account balance posted a deficit of EUR949 million in January 2023, 15% lower than in January 2022, central bank data showed on Thursday (March 16, 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 Directors of the National Bank of Romania (NBR), Ziarul Financiar (ZF) reported.
Law firm Reff & Associates | Deloitte Legal has obtained from Romania's High Court of Cassation and Justice (HCCJ) the annulment of almost RON10 million interest rates imposed by Romanian authorities on a multinational company operating in the field of building products, which was forced to reimburse a state aid granted from the national budget.
Romania's final electricity consumption reached 47 billion kilowatt-hours (kWh) in January-November 2022, lower by 6.8% year-over-year, while the final electricity consumption in the local economy fell by 5.9%, the country's statistical office INS said on Monday (Jan 16, 2023).
Romania's capital market in Romania grew by 8.6% in November 2022 through the lens of the BET index, which includes the 20 most liquid companies listed on the Bucharest Stock Exchange (BVB), and the BET-TR index, which also includes dividends.
Romania's electricity production decreased by 4.5% year-over-year in January-October 2022, the country's statistical office INS said on Wednesday (Dec 14).
Romania's annual inflation rate will continue to increase until the end of 2022, thus rising above the values estimated for the short term in the latest medium-term forecast, according to the minutes of the Executive Board meeting of the country's central bank.
Romania's gross domestic product (GDP) grew by 2.1% in real terms (in unadjusted data) in the second quarter of 2022 as compared to the first quarter of 2022, the country’s statistics board INS said on Wednesday (August 17).
Romania's gross domestic product (GDP) grew by 5.1% in real terms (in unadjusted data) in the first quarter of 2022 as compared to the fourth quarter of 2021, the country’s statistics board INS said on Friday (July 8).
For the third month in a row, the European Commission is revising its forecast downwards for Romania's winter crops, including the grain production, while increasing at the same time its forecast for the country's sunflower crop.
Romania's public debt will be nearing 73% of GDP within ten years, in 2032, under the baseline scenario, from just above 50% of GDP currently, as per the debt sustainability analysis carried out by the European Commission in the Semester Report on the country's economy.
Romania's gross domestic product (GDP) grew by 6.5% in real terms (in unadjusted data) in the first quarter of 2022 as compared to the same quarter of 2021, the country’s statistics board INS said Tuesday.
Romania's gross domestic product (GDP) grew by 2.4% in real terms (in unadjusted data) and by 3.9% in seasonally adjusted data in the fourth quarter of 2021 as compared to the same quarter of 2021, the country’s statistics board INS said Friday.
Romania's gross domestic product (GDP) grew 5.9% in real terms (in unadjusted data) in 2021 compared to 2020, the country’s statistics board INS said on Tuesday (March 8).
Romania's gross domestic product (GDP) grew 5.6% in real terms (in unadjusted data) in 2021 compared to 2020, the country’s statistics board INS said Tuesday.
Romania's competition authority said it has approved the takeover of local healthcare services provider Life Line - Medical Center by Centrul Medical Unirea (CMU).