Imports in Romania

Romania Imports (EUR bn, %) | Economic News & Forecasts

Romania - Imports (percent change based on Euros)

Following Q2’s stellar expansion, GDP growth decelerated in Q3, largely due to a fading base effect. Although a detailed breakdown is not yet available, solid—albeit softer—growth in retail sales, coupled with a low unemployment rate, hints at another healthy expansion in household spending. Meanwhile, industrial output rose at a markedly weaker rate, pointing to sluggish private sector activity in the quarter. Turning to Q4, although available data is limited, surging Covid-19 cases at the outset of the quarter and tighter curbs from early November bode ill for activity. In politics, a new coalition government made up of the ruling PNL party, center-left PSD and the ethnic Hungarian UDMR party received parliamentary support on 25 November, ending almost three months of political crisis. The new formation hands most power, including the finance ministry, to the PSD party, which favors increased public spending.

Romania - Imports (EUR bn, %) Data

2015   2016   2017   2018   2019  
Imports (annual variation in %)6.6  8.1  12.8  10.5  4.3  

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Romania Facts

Value Change Date
Bond Yield4.490.23 %Dec 31
Exchange Rate4.26-0.34 %Dec 31

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