Romanian processing industry managers are expecting a moderate increase in production volume (short-term percentage balance + 6%) over the next three months, according to a February 2024 business survey published on Wednesday by the National Institute of Statistics (INS).As regards the number of employees, a relative stability is estimated in the processing industry, with the short-term percentage balance at -1%, and as far as industrial product prices are concerned, an increase is forecast (short-term percentage balance +18%).February 2024 estimates show that the construction activity will witness a moderate increase in production volume over the next three months (short-term percentage balance +9%).Managers are also estimating relative stability in the number of employees (short-term percentage balance -1%), and their construction prices are expected to increase (short-term percentage balance + 32%).In the retail trade, managers are estimating relative stability of economic activity (short-term percentage balance +5%). The volume of orders to suppliers of goods by businesses should witness moderate increase (short-term percentage balance +2%).The employers are forecasting for the next three months a moderate increase in the number of employees (short-term percentage balance + 15%) in the sector. In addition, managers of trading companies are estimating a sharp increase in retail prices (short-term percentage balance +40%).According to February 2024 estimates, the demand for services (turnover) should be relatively stable for the next three months (short-term percentage balance +4%). It is estimated a relative stability of the number of employees (short-term balance + 1%). According to managers' opinion, sales or billing prices of services will tend to moderate growth (short-term percentage balance + 14%).The short-term balance reflected by the survey indicates the perception of business managers on the dynamics of a phenomenon that should not be confused with the rate of increase or decrease of any statistical indicator produced by the INS.The short-term percentage balance is the difference between the percentage of managers who chose the positive version of the phenomenon and the percentage of those who indicated the negative version, as follows: up to ?5% relative stability; ?6% to ?15% moderate increase or moderate decrease, respectively; ?16% to ?40% increase or decrease, respectively; over ?40% sharp increase or decrease, respectively.
Romania added 2.5 GW this year to its total solar power capacity, 45% more than last year and roughly one third of the total capacity expected at the end of the year (7.6 GW), according to Economica.net, citing data from the latest report by Solar Power Europe, the European photovoltaic industry association. The performance, combined […]
The volume of net investments in Romania’s economy rose by 8.8% y/y in Q3 in comparable prices, accelerating from a sluggish +1.0% y/y rate in H1, according to data published by the statistics office INS. The rebound points to stronger capital formation after a weak start to 2025. Indeed, gross fixed capital formation rebounded to […]
The average net wage in Romania rose by 4.3% y/y in October, but this turned into a 5.0% y/y contraction in real terms due to the high inflation (9.76% y/y) since August, according to data published by the statistics office INS. The real wages posted an annual contraction of around 5% y/y for the third […]
Romania’s foreign trade gap (goods) shrank by 19% y/y in October 2025, as the exports performed better than imports for the sixth month in a row: it increased by 5.1% y/y to EUR 8.87 billion, while the imports contracted by 2.4% y/y to EUR 11.88 billion, according to data published by the statistics office INS. […]
Over 10,000 people demonstrated on the evening of December 14 in Bucharest and several other cities across Romania, demanding changes to the justice laws, to ensure the independence of the system and limit the possibility of abuses. It was the fifth day of demonstrations triggered by the Recorder documentary titled "Captured judiciary," which revealed the […]
Romanian president Nicușor Dan is in Finland on Monday and Tuesday, December 15-16, where he is scheduled to take part in the EU Eastern Flank Summit and hold a series of official meetings with representatives of the Finnish government and the defense industry. According to the public agenda, on Monday, the president is set to […]
