02.06.2023

Austria’s financial group Erste has revised its forecast on Romania’s annual inflation rate down to 8% by end-2023, versus 8.7% in its previous forecast, after the rate touched a record high of more

02.01.2023

Revenues of commercial real estate companies (commercial spaces, business centers and offices, logistics premises) will be impacted this year mainly by persisting high inflation, workforce challenges, more

01.27.2023

The National Commission for Strategy and Prognosis (CNSP) said in its winter forecast that it expects a slowdown in Romania’s economic growth to 2.8% in 2023 and a significant decline in the annual more

01.26.2023

Financial analysts part of the CFA Romania association expect the Romanian leu will depreciate to an average of 5.0636 units to the euro in the next 12 months, while the annual inflation is seen more

01.13.2023

Romania ended 2022 with an annual inflation rate of 16.4% in December as compared to a record high of 16.8% in November, data from the country's statistics board INS showed on Friday (Jan 13, 2023). more

12.22.2022

Financial analysts part of CFA Romania estimate the Romanian currency will decline to an average exchange rate of 5.1021 unit per euro in the next 12 months, while the estimated inflation rate will more

12.21.2022

The rampant inflation has affected Romanians’ budgets for holiday presents, as the amount allocated in 2022 is 40% lower than last year’s, according to the latest survey carried out by online more

12.13.2022

Romania's annual inflation rate climbed to 16.8% in November 2022 as compared to November 2021, data from the country's statistics board INS showed on Tuesday (Dec 13). more

12.13.2022

Romania in November posted record high inflation, of 16.8%, a 20-year high, and December is most likely to bring the peak of this growth cycle, at around 17%, according to ING Bank analysts. more

12.12.2022

Inflation is a top concern for two-thirds of consumers in Romania, followed by the invasion of Ukraine and healthcare costs, according to the “Consumer Sentiment Survey” conducted by more

11.29.2022

Financial analysts part of CFA Romania expect the Romanian currency to fall to an average exchange rate of 5.0652 units/EUR in the next 12 months, while the estimated inflation rate is seen averaging more

11.14.2022

Romania's central bank revised upwards its 2022 year-end inflation forecast to 16.3%, from its previous August forecast of 13.9%, central bank governor Mugur Isarescu said Monday (Nov 14) at a press more

11.11.2022

Romania's annual inflation rate decreased slightly to 15.3% in October 2022 as compared to October 2021, data from the country's statistics board INS showed on Friday (Nov 11). more

10.20.2022

Romania's annual inflation rate will continue to increase until the end of 2022, thus rising above the values ​​estimated for the short term in the latest medium-term forecast, according to the more

10.12.2022

Romania's annual inflation rate surged to 15.9% in September 2022 as compared to September 2021, data from the country's statistics board INS showed on Wednesday (October 12). more

10.11.2022

CEOs are actively looking for ways to get ahead of the triple threat of the aftermath of the COVID-19 pandemic, increasing geopolitical tensions and inflation, according to the EY CEO Outlook Pulse more

09.15.2022

Romanians spent 7.7% more on fast moving consumer goods (FMCG) in the first half compared with the year-ago period, but the increase was solely because of inflation, data of the GfK Consumer Panels & more

09.12.2022

Romania's annual inflation rate jumped to 15.3% in August 2022 as compared to August 2021, data from the country's statistics board INS showed on Monday (September 12). more

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

08.18.2022

The annual inflation rate in the European Union was 9.8% in July 2022, up from 9.6% in June 2022 and from 2.5% in July 2021. In Romania, the annual inflation was 13% in July 2022, in line with data more

08.16.2022

Romania's national strategy and forecast commission has revised upward its 2022 gross domestic product (GDP) growth estimate to 3.5% from 2.9% against the backdrop of improved economic performance in more

08.11.2022

Romania's annual inflation rate accelerated to 15% in July 2022 as compared to July 2021, data from the country's statistics board INS showed Thursday (August 11). more

08.09.2022

Romania’s central bank forecasts an annual inflation rate of 13.9% in December 2022, of 7.5% in December 2023 and of 2.3% in June 2024, in line with the quarterly inflation report presented by more

08.05.2022

Romania’s annual inflation rate is expected to post minor fluctuations in the third quarter of 2022, then enter a gradual downward path for three quarters and fall slightly below the mid-point of more

07.12.2022

Most companies in Romania (75%) have adjusted or will be adjusting wages to unexpected inflation or by a rate lower than the inflation rate but higher than the initially planned wage raise, according more