National Institute of Statistics

Prime Minister Florin Citu states that the recovery of the economy in "V" is "a certainty," after, according to data published by the National Institute of Statistics, in the fourth quarter of 2020 Romania's economy rose by 5.3%. "Romania's economy - performance that shatters apocalyptic estimates! In the fourth quarter of 2020, Romania's economy grew by 5.3%!!! A fantastic performance.

The Romanian economy contracted by 3.9% in 2020, and in the last quarter of 2020 the country's Gross Domestic Product (GDP) declined 1.5% from the same quarter of 2019, according to data published by the National Institute of Statistics (INS) on Tuesday.

The annual inflation rate went up to 2.99% in January this year, from 2.1% in December, given that the prices for non-food items increased by 3.25%, of food items by 2.88% and of services by 2.51%, according to the data published on Friday by the National Institute of Statistics (INS). "Consumer prices in January 2021, compared with December 2020, have gone up by 1.3%.

Romania's negative natural population growth has doubled in 2020 compared to 2019 to minus 118,587 persons compared to minus 57,244 persons, as the 2019 negative natural increase was almost equalled in the last three months of the year alone, the National Institute of Statistics said in a release on Wednesday.

Romania's FOB/CIF trade balance deficit has further widened in 2020 to 18.387 billion euros, by 1.088 billion euros more than in 2019, as imports shrank 6.6 percent and exports 9.9 percent, according to data released on Tuesday by the National Institute of Statistics (INS). Last year's FOB exports totaled 62.175 billion euros, and CIF imports stood at 80.562 billion euros.

The seasonally adjusted unemployment rate was 4.9% in December 2020, down 0.2 percentage points from the previous month, 5.1%, respectively, according to the data the National Institute of Statistics (INS) released on Monday.

The estimated gross domestic product for 2019, semi-final data, was 1,058.190 billion lei current prices, on the increase in real terms by 4.1% compared to 2018, according to the National Institute of Statistics (INS). Compared to the provisional version, in the semi-final variant, the nominal gross domestic product estimated for 2019 decreased by 0.15%.

The annual inflation rate remained stable at 2.1% in December last year as food prices rose by 3.24%, services by 2.69%, and non-food goods by 1.01%, according to data published on Thursday by the National Institute of Statistics (INS). "Consumer prices in December 2020, compared to December 2019, increased by 2.1%.

The average gross nominal earnings in November were 5,565 lei, by 113 lei (+ 2.1%) higher than in October 2020, while the average net nominal value rose to 3,411 lei, on the increase compared to the previous month, by 68 lei (+ 2%), according to data published on Wednesday by the National Institute of Statistics (INS).

The total monthly average income per household stood at 5,302 lei in the third quarter of last year, and the total expenditures reached, on average, 4,444 lei per month/per household, accounting for 83.8% of the total income level, show the data of the National Institute of Statistics (INS), published on Monday.