Imports in Romania
Romania - Imports (billions of Euros)Available indicators suggest that the economy expanded at a solid annual pace in Q3. Although retail sales growth softened from the prior quarter, it remained robust in July–August, which, coupled with a lower unemployment rate in the same period, suggests healthy household spending in Q3. Meanwhile, industrial output declined at a softer monthly pace in July–August, pointing to a slight improvement in private sector activity. Turning to Q4, the collapse of the coalition government on 5 October plunged the country into political crisis. After a failed first attempt by USR party leader Dacian Ciolos on 20 October, the second prime minister-designate Nicolae Ciuca gave up his mandate just before a confidence vote took place in the parliament. President Klaus Iohannis will now have to nominate a new designate or call snap elections.
Romania - Imports (EUR bn) Data
|Imports (EUR billion)||56.9||61.5||69.4||76.7||80.0|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||4.49||0.23 %||Dec 31|
|Exchange Rate||4.26||-0.34 %||Dec 31|
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Romania: Romania’s new coalition government ends political crisis but raises concerns over fiscal consolidation
November 25, 2021
On 25 November, following two failed attempts, Nicolae Ciuca’s new coalition government won more than 70% of the vote in parliament, putting an end to nearly three months of political crisis after the fall of Florin Cî?u’s coalition government in early September.
November 17, 2021
The economy continued to grow, albeit at a softer pace, in the third quarter.
November 12, 2021
Industrial output tumbled to 3.3% in annual terms in September, contrasting the prior month’s 0.2% increase and logging the worst print in over a year.
November 11, 2021
Consumer prices soared 1.78% over the previous month in October, coming in well above September’s 0.84% rise and logging the highest print since May 2005.
November 9, 2021
At its 9 November meeting, the last for the year, the National Bank of Romania (NBR) raised the policy rate to 1.75% from 1.50%.