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
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