GDP in Romania
Romania - GDP (billions of Euros)
Growth jumps in Q1
Romania’s economy grew 5.0% year-on-year in the first quarter, according to a preliminary estimate released by the Statistical Institute on 15 May. This was up significantly from last year’s fourth quarter (Q4 2018: +4.1% year-on-year) and, notably, overshot analysts’ expectations.
In seasonally-adjusted terms, the economy grew 1.3% quarter-on-quarter (Q4 2018: +1.0% quarter-on-quarter s.a.).
Comprehensive first-quarter national accounts will be released at the end of June.
FocusEconomics Consensus Forecast analysts see growth at 3.3% in 2019, which is unchanged from last month’s forecast. For 2020, analysts see growth at 2.9%.
Romania - GDP (EUR bn) Data
|GDP (EUR bn)||145||150||160||170||188|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||4.74||0.23 %||Jun 13|
|Exchange Rate||4.18||-0.34 %||Jun 13|
|Stock Market||8,477||-0.59 %||Jun 13|
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May 29, 2019
Romania’s economy grew 5.0% year-on-year in the first quarter, according to a preliminary estimate released by the Statistical Institute on 15 May.
May 15, 2019
On 15 May, the National Bank of Romania (NBR) kept the policy rate unchanged at 2.50%, while also leaving the deposit facility rate at 1.50%, the lending facility (Lombard) rate at 3.50% and maintaining the reserve requirements on both leu- and foreign currency-denominated liabilities.
May 14, 2019
Industrial output declined 0.2% on an annual basis in March, contrasting the 1.9% year-on-year rise in February.
May 13, 2019
Consumer prices increased 0.6% from a month earlier in April, up from the 0.5% month-on-month increase in March.
April 8, 2019
A second estimate released on 8 April by the Statistical Institute (INSSE) confirmed that the economy grew 4.1% in the fourth quarter over the same period a year earlier, a notch below the third quarter’s 4.2% expansion.