Romania’s exports plunge by 7.5% y/y in August

Romania’s exports plunge by 7.5% y/y in August

Romania’s exports contracted by 7.5% y/y to EUR 6.55 bln in August, while imports dropped by 3.0% y/y to EUR 9.43 bln amid a combination of subdued economic activity across Europe and still strong domestic demand at home, according to data published by the statistics office INS. The trade deficit consequently widened by 9% y/y…