08.19.2022

Romania, with an annual inflation rate of 13% in July 2022 (based upon the harmonized consumer price index of the European Commission), has the second lowest rate in the European Union (EU), as per more

06.22.2022

Romania had the lowest consumer prices in Europe in 2021, with a price level for consumer goods and services of 55.5% of the EU average, according to Eurostat, the statistical office of the European more

06.21.2022

Actual Individual Consumption (AIC) is a measure of material welfare of households. In 2021, AIC per capita expressed in Purchasing Power Standards (PPS) varied from 63% to 146% of the EU average more

03.10.2022

In the fourth quarter of 2021, seasonally adjusted GDP increased by 0.3% in the euro area and by 0.4% in the EU, compared with the previous quarter, according to a flash estimate published by more

01.28.2022

Romania ranks among the last European Union Member States regarding the minimum wage in January 2022, data from Eurostat, the statistical office of the European Union, showed on Friday. more

11.29.2021

With a R&D intensity of 0.5% of the gross domestic product (GDP), Romania ranks last among European Union Member States, data from Eurostat, the statistical office of the European Union, showed on more

11.17.2021

Romania had the biggest economic growth in the European Union in the third quarter of 2021, with a year-over-year increase of 8% in seasonally adjusted data, considering that the EU average was 3.9%, more

10.20.2021

Romania ranks fifth among European Union Member States regarding the annual inflation rate, with consumer prices increasing by 5.2% in September 2021 compared to September 2020, based on the more

09.08.2021

In the second quarter of 2021, seasonally adjusted GDP increased by 2.2% in the euro area and by 2.1% in the EU compared with the previous quarter, according to estimates by Eurostat, the statistical more

09.03.2021

Romania recorded the tenth lowest youth unemployment rate among Member States of the European Union, in 2020, data from Eurostat, the statistical office of the European Union, showed Friday. more

08.27.2021

Romania ranks sixth among European Union Member States, with a 1.7% ratio of general government expenditure on defense to GDP in 2019, Eurostat, the statistical office of the European Union, said on more

07.01.2021

In May 2021, the euro area seasonally-adjusted unemployment rate stood at 7.9%, up from 7.5% in May 2020. At the same time, the EU unemployment rate was 7.3% in May 2021, up from 6.9% in May 2020, more

06.22.2021

Romania, Bulgaria and Poland have the lowest price levels for consumer goods, half the European average, while Denmark, Ireland and Luxembourg have the highest price levels, way above the EU average, more

05.12.2021

The air transport industry was directly hit by the pandemic, with the number of flights drastically reduced starting March 2020, and the most recent figures on commercial flights show no clear signs more

01.14.2021

Romania registered the second largest decline in house prices in the European Union in the third quarter of 2020, of 2.6%, compared with the second quarter of 2020, after Cyprus (-4.8%) and ahead of more

12.11.2020

Romanians’ household expenditure, namely, costs with housing, water, electricity, gas and other fuels, saw the largest decrease among EU Member States, between 2009 and 2019, Eurostat data showed more

10.29.2020

Romania had a tax-to gross domestic product ratio of 26.8% in 2019, the second lowest level among European Union member states, ahead of Ireland (22.7%) and after Bulgaria (30.3%), Eurostat data more

09.02.2020

Electricity consumption in May 2020 showed very low levels in a number of countries, in particular in Spain and Poland (both -13.7% compared with May 2019), Slovenia (-13.4%), Croatia (-11.9%), more

07.20.2020

54% of Romanians were unable to afford a one-week annual holiday in 2019, nearly double compared to 29% of residents of EU Member States aged 16 or over who were unable to afford paying for an annual more

07.15.2020

Between January and April 2020, electricity consumption in Romania has reached the lowest level in the last five years, according to Eurostat, the statistical office of the European Union. more

07.15.2020

Romania recorded the third largest decline (-27.4%) in industrial production year-over-year in May 2020, among the European Union Member States, after Slovakia (-33.5%) and Hungary (-27.4%), according more

07.08.2020

Romania registered the second largest decline in house prices in the European Union in the first quarter of 2020 compared with the first quarter of 2007, of 23.6%, after Greece (-35.6%) and ahead of more

06.18.2020

Gross domestic product per capita expressed in purchasing power standards (PPS) ranged between 53% of the EU average in Bulgaria and 261% in Luxembourg, while Romania's GDP per capita stood at 69% of more

06.12.2020

Hungary (-30.5%), Romania (-27.7%) and Slovakia (-26.7%) recorded the largest decreases in industrial production across all Member States of the European Union, according to Eurostat, the statistical more

06.04.2020

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