March | Romania Feed

The average net salary in Romania edged up 0.6% in nominal terms in April 2024 compared to March 2024, to 5,217 (EUR1,049), data from the country's statistics board INS showed on Friday (June 14, 2024).

In March 2024, the volume of construction works increased, in unadjusted data, by 43.7% compared to February 2024 and was up 9.1% when adjusted to the number of working days and to seasonality, data from the country’s statistics board INS showed on Monday (May 20).

Romania's new industrial orders in manufacturing, for the total (on the domestic and external markets) increased by 4.3%, in nominal terms, in March 2024 compared to February 2024, but fell by 5.2% compared to March 2023, data from the country's statistics board INS showed on Friday (May 17).

Romania’s industrial sales (on the domestic and external markets) increased by 6.9% in nominal terms in March 2024 compared to February 2024, but inched down 0.5% versus March 2023, data from the country’s statistical office INS showed on Friday (May 17).

Romania’s industrial production decreased by 4.2% in unadjusted data in March 2024 versus March 2023 but increased by 2.8% when adjusted for seasonality and the number of working days, data from the country’s statistics board INS showed on Tuesday (May 14, 2024).

Voluntary private pension funds in Romania (Pillar III) exceeded the threshold of EUR5 billion in net assets managed in March 2024, up 3.1% compared to February 2024, in line with calculations by Ziarul Financiar (ZF) based on data on the platform DesprePensiiPrivate.ro.

Romania's industrial production prices for the total (domestic market and non-domestic market) decreased by 8% in March 2024 compared to March 2023, with the energy sector seeing the biggest price decline, of 22.5%, data from Romania’s National Statistics Institute INS showed on Tuesday (May 7, 2024).

Romania’s unemployment rate dropped to 5.3% in March 2024, lower by 0.3 percentage points compared to 5.6% in February 2024, data from the country’s statistics institute INS show on Tuesday (May 7, 2024).

Private lending in Romania went up 4.7% to RON387 billion in March 2024 compared with March 2023, central bank data showed on Wednesday (April 24, 2024).

Romania had the highest annual inflation rate, of 6.7%, among European Union Member States, in March 2024, data from Eurostat, the statistical office of the European Union, showed on Wednesday (April 17).

Romania's annual inflation decreased to 6.6% in March 2024, compared to 7.2% in February 2024 and 7.4% in January 2024, data from the country's statistics board INS showed on Thursday (April 11).

New car registrations fell 26% to 9,156 units in March 2024 compared with March 2023, police data show and the decline also affected electrified cars. The latter saw a decline of 9% and their market share stands at 23.9%, while fully electric car registrations went down 35.9% for a market share of 7.4%, data from the Automotive Manufacturers and Importers Association (APIA) show.

The first quarter of 2024 ended with a more than 4% increase in old three-room apartment prices in Bucharest in March compared with the year-ago month, because of three areas with a double-digit rise – Oltenitei-Brancoveanu, Mosilor-Stefan cel Mare and Drumul Taberei.

New car registrations in Romania posted a 25% decline in March 2024 against the same month of 2023, to 9,156 units, in line with data provided by Romanian carmakers’ association ACAROM.

Romania's foreign exchange reserves stood at EUR64.2 billion at end-March 2024, higher by EUR1.15 billion compared to EUR63.1 billion on February 29, 2024, central bank data showed on Monday (April 1, 2024).

Romania's Finance Ministry raised RON962.4 million from banks on Monday (March 25, 2024), selling benchmark bonds with a scheduled value of RON500 million due in May 2027, at an annual average yield of 6.21%.

Romania's Finance Ministry raised RON1.2 billion from banks on Thursday (March 21, 2024), selling benchmark bonds with a scheduled value of RON600 million due in April 2030, at an annual average yield of 6.54%.

Romania's Finance Ministry raised RON807 million from banks on Monday (March 18, 2024), selling benchmark bonds with a scheduled value of RON600 million due in April 2031, at an annual average yield of 6.58%.

Romania's Finance Ministry raised RON1.7 billion from banks on Thursday (March 14), selling government paper in two auctions, at annual average yields of 6.03% and 6.65%, respectively.

Romania's Finance Ministry raised RON1.3 billion from banks on Monday (March 11), selling government paper in two auctions, at annual average yields of 6.05% and 6.60%, respectively.