Romania’s industrial figures confirm subdued economic activity in August

Romania’s industrial figures confirm subdued economic activity in August

Romania’s industrial production index plunged by 4.2% y/y in August, marking one of the most significant annual declines in the past year and a half and witnessing subdued economic activity in the month. The manufacturing sector’s output contracted by 4.5% y/y. The industrial slowdown hasn’t come as a surprise after Romania’s exports and imports posted…

FDI to Romania shrink to 1.9% of GDP in 12 months to August

FDI to Romania shrink to 1.9% of GDP in 12 months to August

The gross foreign direct investments (FDI) to Romania contracted by some 7% to EUR 6.5 bln in 12 months to August 2024, according to data published by the National Bank of Romania (BNR).  Furthermore, FDI to Romania is essentially formed by reinvested earnings (and some intra-group financing) rather than new equity – only EUR 1.8…