November | Romania Feed

The average net salary in Romania increased by 6.6% in nominal terms in December 2023 compared to November 2023, to 5,079 (EUR1.036), data from the country's statistics board INS showed on Monday (Feb 12, 2024).

Romania’s industrial production decreased by 4.7% in unadjusted data in November 2023 versus November 2022 due to drops recorded for the following industrial sectors: manufacturing (-5.3%), electricity, gas, steam and air conditioning supply (-1.9%) and mining and quarrying (-1.8%), data from the country’s statistics board INS showed on Friday (January 12, 2023).

The average net salary in Romania increased by 1.6% in nominal terms in November 2023 compared to October 2023, to 4,765 (EUR958), data from the country's statistics board INS showed on Friday (January 12, 2024).

Romania’s unemployment rate remained unchanged at 5.4% in November 2023 compared to October 2023, data from the country’s statistics institute INS show on Tuesday (January 9, 2024).

Romanian authorities issued 2,700 residential building permits in November 2023, 10.1% fewer than in October 2023 and 15.1% fewer than in November 2022, data from the country’s statistics board INS showed on Tuesday (Jan 9).

Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 3.8% in unadjusted data and by 3.3% when adjusted for seasonality and number of working days, in November 2023 compared to November 2022, data from the country’s statistics institute INS showed on Monday (January 8).

Romania's industrial production prices for the total (domestic market and non-domestic market) decreased by 2.6% in November 2023 compared to November 2022, data from Romania’s National Statistics Institute INS showed on Thursday (January 4, 2023).

Private lending in Romania grew by 5.4% in nominal terms (down 1.2% in real terms) to RON384 billion in November 2023 compared with November 2022, central bank data showed on Wednesday (Dec 27).

The net assets of the 248 domestic and foreign open-end and closed-end investment funds operating in Romania grew by 2.1% in November 2023 up to RON39.5 billion (EUR7.9 billion), but fell by 14% since the beginning of 2023, in line with the latest data from the Association of Fund Managers (AAF).

Romania's annual inflation kept its downward trend in November 2023, decreasing to 6.7%, compared to 8.1% in October 2023 8.8% in September 2023, and 9.4% in August 2023 and July 2023, data from the country's statistics board INS showed on Wednesday (December 13).

Romania's foreign exchange reserves stood at EUR58.89 billion at the end of November 2023, higher by EUR700 million than EUR58.18 billion at the end of October 2023, central bank data showed on Monday (December 4).

Furniture and home product retailer JYSK continues expansion in Romania with the inauguration of a new store in Ramnicu Valcea on Thursday, November 30, for a total of 138 in the country.

Romania's Finance Ministry raised RON399.4 million from banks on Monday (November 27), below the planned level of RON600 million, selling bonds due in May 2027, at an annual average yield of 6.64%.

Romania's Finance Ministry raised RON409 million from banks on Thursday (November 23), below the planned level of RON500 million, selling bonds due in 2034, at an annual average yield of 7.22%.

Romania's Finance Ministry raised RON757.6 million from banks on Monday (November 20), below the planned level of RON600 million, selling bonds due in April 2030, at an annual average yield of 6.98%.

Romania's Finance Ministry raised RON757.6 million from banks on Monday (November 13), above the planned level of RON500 million, selling bonds due in October 2026, at an annual average yield of 6.48%.

Romania's Finance Ministry raised RON825.4 million from banks on Thursday (November 9), RON225.4 million more than the planned RON600 million, selling bonds due in October 2033, at an annual average yield of 6.87%.

Romania's Finance Ministry raised RON1.3 billion from banks on Monday (November 6), selling government paper in two auctions, at annual average yields of 6.83% and 6.03%, respectively.

Romania's Finance Ministry raised RON1.5 billion from banks on Thursday (November 2), selling bonds with a nominal value of RON700 million due in 2028, at an average yield of 6.73% per annum.

Airline Dan Air announced it would be flying from Bacau as of November 13, after leaving Brasov. The main reason why it made this decision was that the Brasov Airport delayed extending its opening hours from 12 at the moment to 16 from November 3 to January 2024.