September | Romania Feed

Romania's annual inflation further declined in September 2024, reaching 4.6%, from 5.1% in August 2024 and 5.4% in July 2024, data from the country's statistics board INS showed on Friday (Oct 11).

Average sale prices of apartments, old and new, in September 2024 posted a 15% jump against the same month of 2023, the latest data from Storia, the real estate platform launched by OLX, show, with the biggest increases being registered in Sibiu and the smallest ones in Constanta.

Romania's foreign exchange reserves increased by EUR2.5 billion over the course of September 2024, up to EUR65.77 billion at the end of the month, compared with EUR63.18 billion at the end of August 2024, central bank data showed on Tuesday (Oct 1, 2024).

Romania’s finance ministry is launching new Tezaur Treasury bills on Monday, September 9, the ministry announced on Friday (Sept 6).

The shares of three companies listed on the Bucharest Stock Exchange, namely, Premier Energy, Electromagnetica and Iproeb Bistrita, will be included in the MSCI Frontier and MSCI Romania indices. Romania's equity market presence in the MSCI indices will increase to 32 companies, starting on September 2, 2024, following the quarterly index review conducted by global index provider MSCI in August this year.

The average net salary in Romania increased by 2.2% in nominal terms in October 2023 compared to September 2023, to 4,692 (EUR944), data from the country's statistics board INS showed on Wednesday (December 12).

The volume of construction works in Romania increased, in unadjusted data, by 9.3% in September 2023 compared to September 2022 and was up 10.3% when adjusted to the number of working days and to seasonality, data from the country’s statistics board INS showed on Tuesday (Nov 21).

Romania’s industrial production decreased by 5.1% in unadjusted data in September 2023 versus September 2022 due to drops reported for the electricity, gas, steam and air conditioning supply (-11.7%) and manufacturing (-4.8%), data from the country’s statistics board INS showed on Tuesday (November 14, 2023).

The average net salary in Romania increased by 1.4% in nominal terms in September 2023 compared to August 2023, to 4,593 (EUR924), data from the country's statistics board INS showed on Thursday (October 12).

Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) inched down 0.9% in unadjusted data and grew by 0.7% when adjusted for seasonality and number of working days, in September 2023 compared to September 2022, data from the country’s statistics institute INS showed on Wednesday (November 8).

Romania’s unemployment rate stood at 5.4% in September 2023, the same as in August 2023, data from the country’s statistics institute INS show on Friday (November 3).

Industrial production prices dropped by 0.4% in September against the same period of 2022, as prices on the domestic market declined by 1%, while prices on the non-domestic market edged up by 0.9%, data from Romania’s National Statistics Institute INS showed on Thursday, November 2, 2023.

The BET index of the Bucharest Stock Exchange (BVB) reached a new all-time high in September 2023, showing a level of 14,466 points at the end of the trading session on September 20.

Private lending in Romania grew by 4.5% in nominal terms (down 4% in real terms) to RON381.1 billion in September 2023 compared to September 2022, central bank data showed on Monday (October 23).

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).

The ten most active brokers at the Bucharest Stock Exchange intermediated deals worth RON3.22 billion in September 2023, accounting for 88.5% of total intermediations, as per calculations by Ziarul Financiar (ZF) daily based on stock market data.

September brought more than one million applications on the labor market, the highest level since the start of the year, but also around 10% more than in September 2022, reveals an analysis by eJobs, Romania’s largest online recruitment platform.

Romania's foreign exchange reserves stood at EUR59.23 billion in September 2023, higher by EUR5.3 billion versus August 2023, after Romania had received a tranche of the National Recovery and Resilience Plan (NRRP) and the state budget had been fueled with money from the finance ministry's eurobond issues, central bank data showed on Monday (October 2).

Romania's Finance Ministry raised RON1.8 billion from banks on Monday (September 25), selling government paper in two auctions, at annual average yields of 6.49% and 6.90%.

Romania's Finance Ministry raised RON1.33 billion from banks on Thursday (September 21), selling government paper in two auctions, at annual average yields of 6.83% and 6.87%.