GDP growth

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 the previous quarter and 5.5% compared with the same quarter of 2023, meaning...

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 production costs, but there are certain economic actors who benefit from high inflation...

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 GDP (gross series) for Q4/2023 was RON 482.4 bln at current prices, increasing –...

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 with data available from Eurostat), the share of industry and agriculture in the...

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 short, from 19% a year ago, it has reached 38%, which is the...

  * 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% y-o-y, induces analysts’ worries about its unsustainability, which has already caused a deterioration...