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Economy slows down and clings to household consumption – further GDP structure changes
Provisional data (1) for GDP growth in Q1/2024 issued by NIS on Friday show that GDP advance stood at 0.4%, compared with the previous quarter
Provisional data (1) for GDP growth in Q1/2024 issued by NIS on Friday show that GDP advance stood at 0.4%, compared with the previous quarter
Lending volume has increased since the summer of 2023, despite a maintaining high interest rate of approximately 8% on housing loans. Despite mortgage interest rates
A high inflation rate generally has negative effects on the economy and society by reducing the purchase power of income, discouraging saving, reducing investments, increasing
The estimated Gross Domestic Product for 2023 was RON 1.605.5 bln at current prices (EUR 321 billion), increasing – in real terms – by 2.1% compared with 2022. The estimated
In the last decade, Romanian economy has undergone one of the most pronounced structural changes at European level.Between 2013 and 2022 (the most recent year
Romania’s internal development divergence has resumed its post-pandemic growth, after having started to decrease in 2019.Despite policies to fight the difference in development among Romania’s
Financial consultancy company McKinsey Global Institute showed in a study from 2023 that the increase of assets prices in the United States of America in the last
While Romania is unable to exceed the threshold of 0.5% of GDP in terms of total expenditure (public and private funds) on Research and Development
The National Institute of Statistics confirmed the signal result of the economic growth for 2020 at the level of -3.9%, in the first preliminary version
Romania’s GDP will increase by 3.8% in 2021 and 4% in 2022, respectively, according to the winter economic forecasts, published on Thursday by the European
The GDP 2020 estimate has been reduced for the third time in a row in the so-called Preliminary Autumn Forecast for the budget amendment published
The National Institute of Statistics confirmed the economic growth of 2.4% in gross series and 2.7% in seasonally adjusted series for the first quarter of
According to data provided by INS, in November 2019 Romania recorded a new alarming decrease in monthly industrial production at the level of the negative
In this second article of the series dedicated to the analysis of the quantitative easing performed by the European Central Bank (ECB), we will focus
Gross Domestic Product for the first quarter of 2019 increased by 5% in real terms compared to the same period of the previous year (5.1%
Romania’s economy climbed to 15th position within the European Union, according to data published by Eurostat on 2018 related to GDP expressed in euro (nominal
INS recalculated GDP in the third quarter and the first three quarters of the year. Here are the growth data for the Romanian economy, updated
Romania’s economy will record an advance of 3.5% in 2019 and 3.1% in 2020, down one percentage point from June 2018 forecast, according to
The economic growth on the first three quarters of 2018 was 4.2%, both in gross series and the seasonally adjusted series, according to data published
Romania ranked penultimate among EU member states in 2017 in terms of budget revenues share of GDP, according to Eurostat data. With only 25.8%, our
Provisional data (1) for GDP growth in Q1/2024 issued by NIS on Friday show that GDP advance stood at 0.4%, compared with the previous quarter
Lending volume has increased since the summer of 2023, despite a maintaining high interest rate of approximately 8% on housing loans. Despite mortgage interest rates
A high inflation rate generally has negative effects on the economy and society by reducing the purchase power of income, discouraging saving, reducing investments, increasing
The estimated Gross Domestic Product for 2023 was RON 1.605.5 bln at current prices (EUR 321 billion), increasing – in real terms – by 2.1% compared with 2022. The estimated
In the last decade, Romanian economy has undergone one of the most pronounced structural changes at European level.Between 2013 and 2022 (the most recent year
Romania’s internal development divergence has resumed its post-pandemic growth, after having started to decrease in 2019.Despite policies to fight the difference in development among Romania’s
Financial consultancy company McKinsey Global Institute showed in a study from 2023 that the increase of assets prices in the United States of America in the last
While Romania is unable to exceed the threshold of 0.5% of GDP in terms of total expenditure (public and private funds) on Research and Development
The National Institute of Statistics confirmed the signal result of the economic growth for 2020 at the level of -3.9%, in the first preliminary version
Romania’s GDP will increase by 3.8% in 2021 and 4% in 2022, respectively, according to the winter economic forecasts, published on Thursday by the European
The GDP 2020 estimate has been reduced for the third time in a row in the so-called Preliminary Autumn Forecast for the budget amendment published
The National Institute of Statistics confirmed the economic growth of 2.4% in gross series and 2.7% in seasonally adjusted series for the first quarter of
According to data provided by INS, in November 2019 Romania recorded a new alarming decrease in monthly industrial production at the level of the negative
In this second article of the series dedicated to the analysis of the quantitative easing performed by the European Central Bank (ECB), we will focus
Gross Domestic Product for the first quarter of 2019 increased by 5% in real terms compared to the same period of the previous year (5.1%
Romania’s economy climbed to 15th position within the European Union, according to data published by Eurostat on 2018 related to GDP expressed in euro (nominal
INS recalculated GDP in the third quarter and the first three quarters of the year. Here are the growth data for the Romanian economy, updated
Romania’s economy will record an advance of 3.5% in 2019 and 3.1% in 2020, down one percentage point from June 2018 forecast, according to
The economic growth on the first three quarters of 2018 was 4.2%, both in gross series and the seasonally adjusted series, according to data published
Romania ranked penultimate among EU member states in 2017 in terms of budget revenues share of GDP, according to Eurostat data. With only 25.8%, our