Romania

MARKET MOVING NEWS ECONOMY -Romania recorded the highest annual inflation rate among EU Member States in March 2025, reaching 5.1%, according to data released by Eurostat on April 16. -New industrial orders in manufacturing—covering both domestic and foreign markets—fell by 1.8% year-on-year in January–February 2025, in nominal terms. The decline was primarily driven by a 4.4% drop in the capital goods industry,

MARKET MOVING NEWS ECONOMY -Romanian business leaders are navigating a fine line between hope and caution amid global economic uncertainties. While most managers expect a worsening of the international economy, many remain confident that their own businesses will either hold steady or improve. According to the CONFIDEX survey, the most optimistic sectors are services and IT, while agriculture remains cautious. -The number

MARKET MOVING NEWS ECONOMY -Romania’s energy output declined by an annual 7.7% in the first two months of 2025, reaching 2.743 million tons of oil equivalent (TOE), according to provisional data from the National Institute of Statistics (INS). The decrease was mainly driven by lower hydro and wind power generation. -Industrial production also posted a contraction, down 5.2% in February 2025 compared

MARKET MOVING NEWS ECONOMY -Romania’s annual inflation rate eased slightly to 4.9% in March 2025, down from 5% in January and February, according to data from the National Institute of Statistics (INS). -Romania’s current account deficit widened significantly, reaching EUR 4.8 billion in January-February 2025 — up 84% from the EUR 2.6 billion recorded in the same period last year, National Bank

MARKET MOVING NEWS ECONOMY -The tariffs imposed by the Trump administration on EU imports are expected to indirectly impact Romania’s economy, given its strong economic ties with Germany, Erste Group analysts warned. In their baseline scenario, Romania’s GDP growth is projected to slow by 0.8% in 2026, while in a pessimistic scenario, the decline could exceed 1.5%. -Romania’s National Institute of Statistics

MARKET MOVING NEWS ECONOMY -Romania’s Interim President Ilie Bolojan cautioned on April 8th that new US trade tariffs would negatively impact the Romanian economy, even if the direct effects are limited. -Romania’s trade deficit significantly increased by 35.1% year-on-year to EUR 5.62 billion in the first two months of 2025, according to INS data released today. -A March 2025 INSCOP Research survey

MARKET MOVING NEWS ECONOMY -The National Bank of Romania (NBR) signaled that the country’s annual inflation rate will continue to fluctuate in the first half of 2025. After another decline in March—albeit on a slightly higher path than projected in the February 2025 medium-term forecast—inflation is expected to rise modestly in the second quarter, broadly in line with previous estimates. FINANCE -The

MARKET MOVING NEWS ECONOMY -According to the National Institute of Statistics (INS), the average total monthly income in Q4/2024 reached RON 8,568 per household, or RON 3,424 per person in nominal terms. This marks a 3.8% increase both per household and per person compared to Q3/2024. -Retail trade remained solid. In February 2025, retail sales volume (excluding motor vehicles and motorcycles) increased

MARKET MOVING NEWS ECONOMY -Romania’s economic landscape is facing notable pressures, as highlighted by the latest Eurostat report. The nation recorded the highest current account deficit within the European Union for the fourth quarter of 2024, reaching minus EUR 9.4 billion, a further widening from the previous quarter’s deficit of minus EUR 8.5 billion. This signals potential macroeconomic challenges that may be

MARKET MOVING NEWS ECONOMY -Romania is preparing state aid schemes for companies affected by the new customs tariffs announced by U.S. President Donald Trump on Wednesday, April 2, according to Prime Minister Marcel Ciolacu. -On Monday, April 7, the nine members of the National Bank of Romania’s Board of Directors will meet to discuss, among other topics, the new economic reality generated