Trade Balance in Romania

Romania Trade Balance (EUR) | Economic News & Forecasts

Romania - Trade Balance (Euros)

Romania’s economy grew 5.0% year-on-year in the first quarter, overshooting analysts’ expectations and marking the strongest outturn in more than a year. Ahead of comprehensive first-quarter national accounts, retail sales through March suggest that household spending remained firmly in the driver’s seat, as do falling unemployment and rebounding inflation. Domestic demand, however, was likely hobbled by lackluster fixed investment as weak demand from the Eurozone appeared to stifle first-quarter industrial output. Meanwhile, external imbalances, exacerbated in recent months by tepid export growth and trickling FDI inflows, continue to loom. In late May, on the heels of a thumping for his Social Democrats at the European elections, ruling party leader Liviu Dragnea was sentenced to three years in prison on graft charges; economic sentiment improved on the news.

Romania - Trade Balance (EUR) Data

2013  2014  2015  2016  2017  
Trade Balance (EUR billion)-6.0  -6.0  -8.0  -9.0  -12.0  

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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 Yield4.740.23 %Jun 13
Exchange Rate4.18-0.34 %Jun 13
Stock Market8,477-0.59 %Jun 13

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