March | Romania Feed

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.

Romania's Finance Ministry raised RON1 billion from banks on Monday (March 4), selling government paper in two auctions, at annual average yields of 6.13% and 6.54%, respectively.

Building materials holding Roca Industry (ROC1.RO) has announced in a stock market report on Tuesday (Feb 27) the transfer of its shares to the Main Market of the Bucharest Stock Exchange, starting March 11, 2024.

The Finance Ministry is readying to launch a new Fidelis government bond issue aimed at retail investors for which subscriptions will start on Wednesday, February 21, and end on Friday, March 1.

AROBS Transilvania Software (AROBS.RO) shares will be included in the FTSE Russell emerging markets indexes as of March 18, 2024.

The average net salary in Romania increased by 0.2% in nominal terms in April 2023 compared to March 2023, to 4,564 (EUR920), data from the country's statistics board INS showed on Tuesday (June 13).

The average net salary in Romania increased by 6.7% in nominal terms in March 2023 compared with February 2023, to 4,554 (EUR929), data from the country's statistics board INS showed on Friday (May 12).

Romanians bought medicines worth RON26.8 billion (EUR5.44 billion) in the period April 2022 – March 2023, at wholesale prices, 20% more than in the year-earlier period, in line with the Cegedim Customer Information report.

Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 7.3% in unadjusted data and by 6.7% when adjusted for seasonality and number of working days, in March 2023 compared to March 2022, data from the country’s statistics institute INS showed on Friday (May 5).