ECONOMY
-Romania’s economy slowed down in the second half of 2023 and the real GDP growth will probably be around 2%, below the forecast, according to the Convergence Analysis Report “Romania – Euro Zone MONITOR” no. 14/2023.
-The average monthly pension in the country stood at 2,117 RON in the third quarter of 2023, up 0.4% compared to the previous quarter, the National Institute of Statistics (INS) data showed.
-Romania continues to rank 14th in the EU by the number of new passenger cars registered in the first 11 months of 2023, with a volume of 133,238 units, up 14% on an annual basis.
-Romanian labor market saw a job hunting spree in 2023 as candidates’ desire to find a new job was strongly felt while, for employers, a tempering of efforts to expand their teams set in, according to local recruiting platform eJobs.
-Romanians will spend 12% less than last year on food, gifts and decorations during this winter’s holidays, an annual study carried out by Reveal Marketing Research reveals.
-More than 1.5 million foreign tourists were accommodated in the profile units in Romania in the first nine months of this year, and their expenses exceeded 3.9 billion RON (780 million euros), INS data showed.
TODAY’S MARKET
EXCHANGE RATES
| EUR 4.9702 | GBP 5.7419 |
| USD 4.5369 | CHF 5.2648 |
| BGN 2.5412 | MDL 0.2576 |
(Source: National Bank of Romania BNR)
BUCHAREST STOCK EXCHANGE (BVB) INDICES
| BET -0.87%, BET-TR -0.87%, BET-FI -0.72%, BET-NG -0.73%, BET-XT -0.83%, BETXT-TR –0.83%, BET-BK -0.74%, RO-TX -0.74%, BETAeRO -0.53% |
CAPITAL MARKET COMMENTARY
| Bucharest stocks closed in the red on Wednesday with real estate developer One United Properties leading blue-chip decliners, dropping by 1.82% to 0.972 lei, BVB data showed. |
