Trade Balance in Romania

Romania Trade Balance (EUR) | Economic News & Forecasts

Romania - Trade Balance (Euros)

Comprehensive national accounts data revealed that growth moderated in the second quarter as intensifying price pressures ate into household spending growth. In contrast, fixed investment soared, bolstered by buoyant construction activity and improved absorption of EU-linked funds. Exports, meanwhile, came under pressure from shakier Eurozone demand, weighing on the headline reading. Turning to the third quarter, upbeat retail sales in July hint at sustained expenditure-side momentum; however, a fall in both industrial production and merchandise exports in the same month reflect a weakening external backdrop. In politics, a confidence vote is expected to be held before mid-October after the junior coalition partner, ALDE, withdrew from the governing alliance on 26 August. The possibility of a caretaker government, snap election or a revamped coalition are all still on the table.

Romania - Trade Balance (EUR) Data

2013  2014  2015  2016  2017  
Trade Balance (EUR billion)-5.8  -6.6  -7.8  -9.3  -12.2  

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Romania Trade Balance (EUR) Chart

Romania Trade
Note: Trade balance in EUR billion.
Source: National Bank of Romania.

Romania Facts

Bond Yield4.070.23 %Sep 04
Exchange Rate4.29-0.34 %Sep 04
Stock Market9,262-0.59 %Sep 04

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