Gross Domestic Product (GDP) in the third quarter of 2024 stagnated compared to the previous quarter, on a seasonally adjusted basis. GDP decreased by 0.2%
Information and communications did not contribute to GDP increase in H1, having an unchanged share of 7.8% in GDP formation, with a stagnating volume of
Data released by the NIS show a GDP growth well below expectations, of just 0.1%, in the second quarter compared to Q1/2024, putting at risk
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
In March retail sales (adjusted series) went up 0.7% against February and 4.3% year-on-year. In the first quarter of 2024, sales rose 5% compared with
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
The 2017 spring prognosis of the National Prognosis Commission, subordinated to the Government, reassessed and doubled the real wage increase for the period 2016-2019. In
* Romania’s quarterly gross GDP between 2000-2017 (seasonally adjusted data) Source: INS * The unexpectedly high GDP growth in the first quarter, at 5.7%
Romania might register in 2017 an economic growth slowdown to 3.6% from the 2016 estimate of 5%, and a budget deficit of 3.3% based on the
The (INS) confirmed the 5.0% growth in the first half of this year as compared to the same period of the previous year (seasonally adjusted
Gross Domestic Product (GDP) in the third quarter of 2024 stagnated compared to the previous quarter, on a seasonally adjusted basis. GDP decreased by 0.2%
Information and communications did not contribute to GDP increase in H1, having an unchanged share of 7.8% in GDP formation, with a stagnating volume of
Data released by the NIS show a GDP growth well below expectations, of just 0.1%, in the second quarter compared to Q1/2024, putting at risk
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
In March retail sales (adjusted series) went up 0.7% against February and 4.3% year-on-year. In the first quarter of 2024, sales rose 5% compared with
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
The 2017 spring prognosis of the National Prognosis Commission, subordinated to the Government, reassessed and doubled the real wage increase for the period 2016-2019. In
* Romania’s quarterly gross GDP between 2000-2017 (seasonally adjusted data) Source: INS * The unexpectedly high GDP growth in the first quarter, at 5.7%
Romania might register in 2017 an economic growth slowdown to 3.6% from the 2016 estimate of 5%, and a budget deficit of 3.3% based on the
The (INS) confirmed the 5.0% growth in the first half of this year as compared to the same period of the previous year (seasonally adjusted
