Economy
PwC: Slower wage growth in Romania as economic uncertainty looms
Romania's private companies are forecasting a slowdown in salary growth for 2026, with an average projected increase of 6%.
Romania's annual inflation rate climbed to 9.88% in September, a marginal increase from the 9.85% recorded in August, according to the latest data from the INS.
Romania's GDP increased by 0.3% on the unadjusted series and 1.5% on the seasonally adjusted series in the first six months of the year, compared to the first half of 2024.
The National Bank of Romania (NBR) has decided to keep its monetary policy rate unchanged at 6.50% per annum, following a meeting of its Board on October 8.
Romania's inflation will finish the year at 9.6%, according to ING Bank Romania economists. This projection comes as the country's inflation is expected...
KPMG in Romania has announced a series of key leadership appointments, effective from October 2025.
Foreign direct investment (FDI) in Romania experienced a notable reduction in 2024, according to data compiled by the National Bank of Romania (BNR) and INS.
The European Bank for Reconstruction and Development (EBRD) has approved a new country strategy for Romania, which will guide its investments and policy engagement.
Romania's consolidated budget deficit has widened to 4.54% of GDP after the first eight months of 2025, an increase from the 4.04% reported in July 2025.
Private healthcare chain Memorial Group has expanded its presence in the Romanian market with the opening of Memorial City Gate Clinic, a new unit focused on outpatient care.
Romania's real GDP growth forecast for 2025 has been cut by the European Bank for Reconstruction and Development (EBRD) in a new report.
The Romanian government has set a budget deficit target of 8.4% of GDP for this year, as agreed with representatives from the EC, according to PM Ilie Bolojan.
The IMF projects that Romania's economy will grow by 1% in 2025 and 1.4% in 2026, according to a report released at the end of a mission in the country.
Romania's annual inflation rate rose to 9.9% in August, up from 7.84% in July, driven by growth of prices for non-food goods (10.48%), services (9.85%), and food products (8.92%).
Romania's trade deficit grew by 7.1% in the first seven months of 2025 compared to the same period in 2024, reaching €19.3 billion, which was €1.2 billion higher year-on-year.
Romania's economy has secured the third-highest GDP growth rate in the EU during Q2, according to Eurostat.
Trade between Romania and Germany saw a 1.9% decrease in H1 2025 compared to the same period in 2024, according to the Romanian-German Chamber of Commerce and Industry.
The non-performing loan (NPL) rate in the Romanian banking sector reached 2.81% at the end of June 2025, up from 2.53% in March 2025, also up from the 2.49% rate.
Romania's consolidated general budget execution closed the first seven months of 2025 with a nominal deficit of RON 76.44 billion (€15.34 billion), an increase of RON 5.4 billion.
Romania's government has proposed a new fiscal package aimed at reducing the budget deficit, which includes significant changes to profit taxation for multinational companies.
The wholesale trade sector experienced an overall decline in H1 2025 compared to the same period in 2024.
Romania's GDP recorded an increase in Q2 2025, according to flash estimates from the National Institute of Statistics (INS).
Romania's inflation rate is expected to reach a peak of 9.6-9.7% in September, and will likely remain above 9% by the end of the year.
Romania's trade deficit widened to €16.71 billion in H1 2025, an increase of €1.61 billion (+10.7%) compared to the same period in 2024.
The Board of the National Bank of Romania (BNR) decided on Friday to maintain the monetary policy interest rate at 6.50% per year.
Digi Communications has announced a major refinancing move through its Romanian subsidiary, Digi Romania.
Romania's crude oil production decreased by 7.7% in the first eight months of 2025, while imports rose by 19.2%.
Simtel Team has announced the opening of a new subsidiary, Simtel Nordics, in Stockholm, Sweden, as part of its ongoing international expansion.
The volume of construction works increased by 9.7% in the first eight months of 2025 compared to the similar period in 2024, according to the gross series data from INS.
RoPower Nuclear, the project company responsible for the construction and commissioning of the Small Modular Reactor (SMR) project, has signed a contract with Studsvik Scandpower.