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13:26, 14.11.2022

BNR increases inflation forecast to 16.3 pct for end of 2022

The National Bank of Romania (BNR) increased the inflation forecast for the end of this year to 16.3% and estimates an inflation of 11.2% for the end of next year, according to the data presented on Monday by the…




20:05, 28.10.2022

Real average wage expected to drop 2 percent amid soaring inflation

The average gross wage is expected to increase by 10.6 percent this year to 6,120 RON, but amid soaring inflation, the real wage will probably drop by about 2 percent, shows the autumn version of the 2022 - 2026…




11:45, 28.09.2022

EBRD significantly improves forecast regarding Romanian economy in 2022 and 2023

The European Bank for Reconstruction and Development (EBRD) has improved its estimates regarding the evolution of the Romanian economy in 2022 and 2023, but warns that a significant slowdown in growth is expected…




15:36, 26.09.2022

IMF revises upward Romania's economic growth forecast for 2022, to 4.8% (Minister)

The International Monetary Fund has positively revised Romania's economic growth forecast for 2022, to 4.8%, the Ministry of Finance announced on Monday, in a statement sent to AGERPRES. Fii la curent cu cele mai…




10:56, 26.09.2022

Heavy downpours forecast for 14 counties, weather fluctuations in Bucharest

The National Weather Administration (ANM) on Monday issued a code yellow warning for heavy downpours valid throughout Tuesday evening in 14 Romanian counties. Fii la curent cu cele mai noi stiri. Urmărește stiripesurse.ro…




22:45, 14.08.2022

CNSP estimates 11.3 pct increase in average net monthly salary, slightly up from previous forecast

The National Strategy and Forecast Commission (CNSP) estimates an increase of 11.3 percent in this year's average net monthly salary to 3,838 RON, compared to an advance of 10.8 percent and a salary of 3,822 RON,…




14:20, 09.08.2022

Romania’s central bank raises 2022, 2023 inflation forecasts

Romania‘s central bank said on Tuesday it is increasing its inflation forecast for 2022 to 13.9% from 12.5% predicted in May, way above the upper end of its target band of 1.5-3.5%, due to supply side constraints…




13:26, 09.08.2022

Central bank raises its year-end inflation forecast to 13.9 pct

The National Bank of Romania (BNR) has raised its year-end inflation forecast to 13.9 percent and projects inflation at 7.5 percent at the end of 2023, shows data presented on Tuesday by central bank governor Mugur…




14:25, 06.06.2022

Investment banks ramp up ECB rate hike forecasts

BofA Securities now expects the European Central Bank to hike interest rates by 150 basis points this year including 50 bps moves in July and September, it said in a note distributed on Monday, according Reuters.…




14:15, 26.05.2022

CFA Romania analysts lower 2022 GDP growth forecast to 2.3%

CFA Romania an association of investment professionals, said on Thursday it expects the country’s gross domestic product (GDP) to grow by 2.3% in 2022, and the budget gap to be equivalent to 6.9% of GDP, according…




14:15, 16.05.2022

EU slashes growth, increases inflation forecast

The war in Ukraine pushed the European Commission to slash its annual growth expectation to 2.7% for both the EU and eurozone this year, down from the previous forecast of 4%, the EU executive announced Monday,…




14:05, 21.04.2022

Finance Minister maintains forecast that nominal GDP to be at least at level at which budget was built

Minister of Finance Adrian Caciu said on Thursday that he maintains his forecast that this year's nominal GDP will be at least at the level at which the budget was built and considers that the 4 percent target…




11:46, 31.03.2022

EBRD lowers Romania’s 2022 economic growth forecast to 2.8%

Romania‘s gross domestic product (GDP) will increase by 2.8% in 2022, the European Bank for Reconstruction and Development (EBRD) said on Thursday, lowering its November forecast for 4.4% growth, according to See…




18:20, 16.02.2022

Romanian government analysts lower 2022 GDP growth forecast to 4.3%

Romania‘s economic output was revised downwards to an estimated 4.3% for 2022, finance ministry analysts said on Wednesday, compared to their previous forecast of 4.6% growth made in November, according to See…




11:10, 11.02.2022

BNR forecasts 11.2 pct inflation at the end of the second quarter of 2022

The National Bank of Romania (BNR) forecasts an inflation rate of 11.2% for the end of the second quarter of 2022, 10.2% at the end of the third quarter of this year and 9.6% at the end of the fourth quarter of…




10:40, 11.02.2022

EU Commission moderates its 2022-2023 growth forecast for Romania

The European Commission estimates that Romania’s economy grew by 6.3% in 2021, mainly driven by strong domestic demand, and it expects the growth rate to ease at 4.2% in 2022, according to Romania-Insider. The…




13:55, 10.02.2022

EU raises inflation forecasts on supply disruptions, energy crisis

The European Commission on Thursday raised its inflation expectations for this year, but is still expecting prices to move below the European Central Bank’s target of 2% in 2023, according to CNBC. The Brussels-based…




12:45, 21.01.2022

Romania's crude oil production falls 4.1% in first 11 months of 2021

Romania produced, in the first 11 months of 2021, a quantity of crude oil of over 2.848 million tons of oil equivalent (toe), by 122,000 toe (4.1%) lower than that produced in the similar period of 2020, according…




17:55, 20.01.2022

Annual inflation rate, likely to rise gradually in coming months

The annual inflation rate is likely to increase gradually in the coming months, thus exceeding the slightly decreasing values highlighted on this time horizon by the medium-term forecast of November 2021, show…




16:26, 12.01.2022

World Bank: Romanian economy is expected to advance 4.3pct in 2022

The Romanian economy is expected to advance 4.3% in 2022 as against a 4.5% forecast in June 2021, according to the World Bank's Global Economic Prospects published on Wednesday. For 2023, the World Bank forecasts…




13:25, 12.01.2022

World Bank lowers Romania’s 2022 GDP growth projection to 4.3%

Romania‘s economy is expected to grow by 4.3% in 2022, the World Bank said, cutting its June forecast by 0.2 percentage points, according to SeeNews.  The World Bank estimates Romania’s economic growth in 2021…




18:11, 19.12.2021

Romania's contribution to EU budget to be 12.8 billion lei in 2022

Romania's contribution to the European Union budget will be 12.878 billion lei in 2022, and will increase to 13.126 billion lei in 2023 and 13.376 billion lei in 2024, according to the draft on the Fiscal Budget…




09:56, 01.11.2021

Romania's crude oil imports up over 10 pct in first eight months of 2021

Romania has imported, in the first eight months of 2021, 4.837 million tons of oil equivalent (toe) in oil, by 452,000 toe (10.3) more than the quantity imported in the similar period of 2020, according to data…




12:40, 25.10.2021

Gas imports increase 56% in first eight months, and production increases 1.8%

Romania imported, in the first eight months of 2021, a quantity of usable natural gas of 1.908 million tons of oil equivalent (toe), by 56% (684,600 toe) higher than in the same period in 2020, according to the…




16:30, 15.10.2021

BNR: Annual inflation rate to probably grow in short term much more than anticipated

The annual inflation rate is likely to increase much more pronounced over the short time horizon than anticipated in the August forecast, which indicated a peak of 5.6 pct in December 2021, according to the minutes…




15:50, 06.10.2021

World Bank raises Romania’s 2021 economic growth forecast to 7.3%

The World Bank announced on Wednesday that Romania‘s gross domestic product (GDP) is expected to grow by 7.3% in 2021, improving its June forecast by 1.3 percentage points, according to See News. For next year…




15:11, 09.08.2021

Romania’s central bank ramps up 2021/2022 inflation forecasts

Romania’s central bank on Monday lifted its annual inflation target considerably higher for this year and Governor Mugur Isarescu said a tightening cycle has already started even though policymakers have yet to…




14:55, 09.08.2021

BNR's Isarescu: The leu has strengthened; it is a summer trend

Romania's national currency, the leu (ROL), has strengthened against the euro, and that is a summer trend, which is based on the foreign exchange sales of grain traders, Governor of the National Bank of Romania…




11:25, 02.08.2021

Erste Group revises Romania’s 2021 growth outlook to 6.7%

Erste Group revised an upward forecast for Romania‘s 2021 economic growth from 4.2% (in Q1) to 6.7%. The Austrian group expects that the growth rate will remain robust in Romania in 2022 at +4.5%, according to…




11:56, 26.07.2021

Ryanair nudges up annual traffic forecast as summer bookings surge

Ryanair nudged up its forecast on Monday for full-year traffic on strong summer bookings but stated that fares remained well below pre-pandemic levels as it reported a first-quarter net loss of 273 million euros,…