The average net salary in Romania decreased by 1.6% in nominal terms in August 2024 compared to July 2024, to 5,158 (EUR1,037), data from the country's statistics board INS showed on Friday (Oct 11, 2024).
Romania’s industrial production inched up 0.2% in unadjusted data in July 2024 versus July 2023 but fell 3.9% when adjusted for seasonality and the number of working days, data from the country’s statistics board INS showed on Wednesday (August 14, 2024).
The average net salary in Romania increased by 1.3% in nominal terms in July 2024 compared to June 2024, to 5,242 (EUR1,054), data from the country's statistics board INS showed on Thursday (Sept 12, 2024).
Romania's industrial production prices for the total (domestic market and non-domestic market) rose 2.6% in July 2024 compared to July 2023, data from Romania’s National Statistics Institute INS showed on Tuesday (Sept 3, 2024).
The European Union member countries with the highest inflation rates in July 2024 were Romania (5.8%), Belgium (5.4%) and Hungary (4.1%), according to data provided by Eurostat, the statistical office of the European Union.
Romania's annual inflation resumed its upward trend, increasing to 5.4% in July 2024 compared to July 2023, after dropping to 4.9% in June 2024, data from the country's statistics board INS showed on Monday (August 12).
Romania's foreign exchange reserves decreased by EUR813 million over the course of July 2024, down to EUR63.57 billion at the end of the month, compared with EUR64.39 billion at the end of June 2024, central bank data showed on Thursday (August 1, 2024).
Romania's Finance Ministry raised RON713 million from banks on Monday (July 29), after reopening a discounted Treasury certificate issue due in June 2025, instead of the scheduled RON500 million, at an annual average yield of 5.85%.
Romania's Finance Ministry has raised RON1.87 billion from banks on Thursday (July 25), after reopening a bond issue due in January 2026, instead of the scheduled RON600 million, at an annual average yield of 6.02%.
Romania's Finance Ministry has raised RON798 million from banks on Monday (July 15), selling benchmark bonds, above the planned level of RON400 million, at an annual average yield of 6.19%.
Romania's Finance Ministry raised RON1.92 billion from banks on Thursday (July 11), selling government paper in two auctions, at annual average yields of 6.31% and 6.83%, respectively.
Romania's Finance Ministry raised RON2.2 billion from banks on Monday (July 1), selling government paper in two auctions, at annual average yields of 6.01% and 6.87%, respectively.
Raiffeisen Bank will be inaugurating Raiffeisen Tech, the new finance and banking tech and software development center in Romania, on July 1, 2024, the parent group informed in a release on Wednesday (May 29).
The gross minimum wage will rise to RON3,700 from 1 July, Prime Minister Marcel Ciolacu announced after Thursday's meeting with the National Tripartite Council for Social Dialogue.
Home appliances producer De’Longhi Romania will open in July the Satu Mare plant, an over EUR40 million investment set to turn Romania into the group’s largest coffee machine production hub globally.
The average net salary in Romania decreased by 0.7% in nominal terms in August 2023 compared to July 2023, to 4,531 (EUR913), data from the country's statistics board INS showed on Thursday (October 12).
The volume of construction works in Romania increased, in unadjusted data, by 15.8% in July 2023 compared to July 2022 and was up 15.9% when adjusted to the number of working days and to seasonality, data from the country’s statistics board INS showed on Wednesday (Sept 20).