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Macroeconomic Confidence Indicator decreases in January 2024
The Macroeconomic Confidence Indicator of the CFA Romania Association decreased in January 5.5 points to 52.1 points, mainly due to the decrease in the expectations component of the indicator. "Looking at the risk…
Romania's primary energy sources, down almost 3pct in 2023
Romania's primary energy sources decreased by 2.9% in 2023, y-o-y, while final commercial electricity consumption was down 4.1%, according to the National Institute of Statistics (INS). Between January 1 and December…
21:35, 18.12.2023
Coal production decreases by 17.1%, imports down by 52% in first 10 months
Romania's net coal production totaled, in the first ten months of this year, about 2.127 million tons of oil equivalent, being 17.1% lower (minus 437,900 toe) compared to the period similar from 2022, according…
10:16, 13.12.2023
Industrial production down by 4.8 in Romania, Jan-Oct 2023
Romania's industrial production decreased by 4.8% in the first ten months compared to the same period in 2022, as unadjusted series, shows data published on Wednesday by the National Institute of Statistics (INS).According…
14:50, 18.11.2023
Romania's crude oil production declines 4pct nine months into 2023 as imports decrease by 11.8pct
In the first nine months of 2023, Romania produced 2.103 million tons of oil equivalent (toe) of crude oil, 87,100 toe less (-4%) y-o-y, according to data published by the National Institute of Statistics (INS).…
10:46, 13.10.2023
Romania's primary energy sources down 1.2pct eight months into 2023
Romania's primary energy sources decreased by 1.2% in the first eight months of 2023, while the final energy consumption in the economy decreased by 5.4%, reveal data published on Friday by the National Institute…
12:36, 13.09.2023
Romania's industrial production declines 5pct seven months into 2023 (statistics)
Romania's industrial production declines 5pct seven months into 2023 (statistics)Romania's industrial production declined 5% unadjusted and 5.1% when adjusted for working days and seasonality in the first seven…
13:15, 11.09.2023
July slaughtering increases in poultry, decreases in cattle, pig, sheep and goat
July slaughtering increases in poultry, decreases in cattle, pig, sheep and goatLivestock slaughtering increased in July, but decreased in cattle, pigs, sheep and goats compared to the same month last year, official…
11:20, 31.08.2023
Residential building permits in Romania, down 24% seven months into 2023
Residential building permits in Romania, down 24% seven months into 2023Residential building permits issued in Romania decreased in the first seven month by 24% y-o-y, according to data published on Thursday by…
20:50, 30.08.2023
Romania's staff shortage is driven by decreasing share of high school graduates, workforce migration (survey)
Romania's staff shortage is driven by the decreasing share of high school graduates and workforce migration, to which adds the mismatch between market demands and the education offer - a trend that is also noticeable…
11:20, 16.08.2023
Romania's industrial production, down 4.8pct in H1 2023
Romania's industrial production, down 4.8pct in H1 2023Romania's industrial production was down 4.8% in H1 2023 unadjusted, y-o-y, on decreases in the production and supply of electricity and thermal energy, gas,…
10:31, 09.08.2023
Trade deficit down 13.9 pct in H1 2023
The trade balance deficit (FOB/CIF) in the first half of 2023 was 13.323 billion euros, lower by 2.149 billion euros (-13.9 pct) than the one recorded between January 1 and June 30, 2022, informs, on Wednesday…
19:20, 20.07.2023
Romania's crude oil production decreases by 3.9%, imports increase by 10.3% in first 5 months
Romania produced, in the first five months of 2023, a crude oil quantity of 1.177 million tonnes of oil equivalent (toe), by 47,300 toe less (-3.9%) than in the same period last year, according to data centralized…
20:50, 29.06.2023
Government debt decreases to 49% of GDP in April 2023 (Finance Ministry)
Government debt decreases to 49% of GDP in April 2023 (Finance Ministry). Public administration debt (government debt) fell to 712.120 billion RON in April 2023, down from 714.865 billion RON in the previous month,…
10:01, 20.06.2023
Romanian government wants to decrease mark-up on basic foods
Romania‘s new government is working on an emergency ordinance to cap the additional costs imposed by retailers, as Prime Minister Marcel Ciolacu plans to meet with representatives of retail chains to discuss the…
08:50, 13.06.2023
Population of Dolj County reaches 599,442 people, less than in 1948
The resident population of southern Dolj county has decreased in the last ten years by almost 10%, reaching 599,442 people, less than in 1948 when it was 615,301 people, according to the final results of the 2021…
10:35, 09.06.2023
Romania's trade balance deficit decreases by 11.8pct four months into 2023
Romania's trade balance deficit decreases by 11.8pct four months into 2023. Romania's FOB/CIF trade balance deficit January 1 - April 30, 2023 was EUR 8.857 billion, down EUR 1.179 billion (-11.8%) y-o-y, according…
17:30, 08.05.2023
Labor market, positive trajectory in medium term, unemployment rate to decrease, salaries to go up (forecasts)
The labor market will follow a positive trajectory in the medium term, offering fairly good prospects for all wage categories, according to the Medium Term Forecast 2023-2026, spring version. CITESTE SI Romania's…
10:36, 14.02.2023
Annual inflation in Romania decreases to 15.1pct in January 2023
Annual inflation in Romania dropped to 15.1% in January 2023, from 16.4% in December 2022, as food prices increased by 22.47%, non-food prices by 11.88%, and service prices by 10.27%, according to data with the…
11:01, 10.02.2023
Romania's pork production decreases last year by almost 11 pct
Romania's pork production decreased last year by almost 11 pct, from 383,485 tonnes of carcass in 2021, to 341,964 tonnes in 2022, according to the data of the National Institute of Statistics published on Friday.…
17:20, 01.02.2023
PSD backs introduction of solidarity tax, decrease of labour taxation
The Social Democratic Party promotes the principle of a solidarity tax on the incomes of large companies and supports the reduction of labour taxation and the increase of employees' incomes. Fii la curent cu cele…
11:20, 31.01.2023
Population size of most Romanian counties decreases over past 10 years
The population size in 39 out of Romania's 42 counties decreased over the past ten years between two censuses, according to data with the National Institute of Statistics (INS) published on Tuesday. Fii la curent…
15:50, 25.01.2023
Daianu(CF): Romania cannot afford a decrease in tax revenue
Romania cannot afford a decrease in tax revenue given that the consolidation of the public government deficit has to continue, Chairman of the Fiscal Council (CF) Daniel Daianu said on Wednesday. Fii la curent…
16:00, 20.01.2023
Romania records population decrease of almost 4 million people in the last 30 years (statistics)
Romania recorded a population decrease of 4 million people in the last 30 years, and in 2021 its level was similar to that of 1966, the president of the National Institute of Statistics (INS) Tudorel Andrei told…
15:11, 18.01.2023
FinMin Caciu: Visible decrease in inflation as of March, estimate for end of year, single-digit inflation
Minister of Finance Adrian Caciu said on Wednesday that starting with March there will be a more visible decrease in inflation, a gradual reduction, noting that the Government aims for inflation to have only one…
10:26, 13.01.2023
Romania's industrial production down 1.1 pct in first 11 months of 2022 (statistics)
Romania's industrial production decreased by 1.1%, as unadjusted series, in the first 11 months of 2022 compared to the same period in 2021, and as an adjusted series it decreased by 1.6%, show the data published…
17:36, 10.01.2023
Central Bank: Annual inflation rate to probably decrease in Q3 2023 and reach single digit level in Q3
The annual inflation rate will probably decrease in Q3 2023 in line with the latest medium-term forecast, from November 2022, but it will drop significantly more sharply afterwards, reaching the level of a single…
13:45, 13.12.2022
21.6% decrease in serious road accidents in 2021 compared to 2020
In 2021, serious road accidents recorded a decrease of 21.6% compared to the previous year, the number of people seriously injured in such events being lower by approximately 1,700, informed the General Inspectorate…
13:55, 22.11.2022
Consumers-banks lawsuits decreases three times compared to 2015-2016 period
The number of lawsuits between banks and consumers has currently reached a little over 13,000, being three times lower compared to the 2015-2016 period, when it amounted to approximately 40,000, according to a…
10:30, 14.11.2022
Industrial production decreases by 1 pct in first nine months of 2022 (INS)
Industrial production, in the first nine months of the year, decreased by 1% as unadjusted series and by 1.6% as adjusted series, compared to the same period in 2021, according to data published on Monday by the…