National Institute of Statistics

Arrivals in tourist accommodation establishments this March took a plunge of 69.8 pct from the year-ago period to 242,100, the National Institute of Statistics (INS) said on Tuesday. In February 2020, when the Covid-19 crisis had not yet taken its toll on the industry, the YoY decline in tourist arrivals had been 4.5 percent.

In March 2020, the unemployment rate increased by 0.7 percentage points compared to the one registered in the previous month, reaching 4.6 percent from 3.9 percent, according to the data published by National Institute of Statistics (INS) on Thursday.

One in two Romanians who have access to the internet currently buys food, coffee and hygiene products online, and over 60% of respondents intend to continue buying online, according to an iVox.ro study commissioned by Blugento, a Romanian company, provider of complete eCommerce solutions.

Romanian managers are expecting a sharp decline in business in all sectors of the economy for the next three months, a dip in the number of employees in all sectors of the economy and an increase in retail prices, according to a survey released by the National Institute of Statistics (INS) on Tuesday.

The annual inflation rate kept steady at 3 percent this March, as food grew by 5.11 percent more expensive, service prices advanced 3.8 percent and non-food prices went up 1.39 percent, shows data released on Friday by the National Institute of Statistics (INS). March 2020 consumer prices were 0.5 percent higher compared to February and 1.16 percent up from December 2019.

Romania's (FOB/CIF) trade balance increased by 170.8 million euros in the first two months of the year compared to the same period of 2019, to almost 2.6 billion euros, shows the data published by the National Institute of Statistics (INS) on Thursday.

Prime Minister Ludovic Orban said on Thursday that over 30% of the Romanian economy is affected by the novel coronavirus epidemic, noting that he is not favouring austerity measures or price freeze. "Given that a large part of the economy has been affected by the epidemic, it is clear that economic growth will be affected.

Industrial producer prices (for both domestic and non-domestic markets) in Romania increased by 2.9% in February 2020, y-o-y, according to data released by the National Institute of Statistics (INS) on Thursday. According to INS, the February 2020 industrial producer prices (for both domestic and non-domestic market) decreased by 0.9% on a monthly basis.

The number of building permits for residential buildings issued in February 2020 increased by 8.7 percent compared to the same month of 2019 and by 33.6 percent compared to January 2020, according to the data published by the National Institute of Statistics (INS) on Monday.

Most of the youths in Romania, who are not in employment, education or training (NEETs), are pleased with their current situation, and only 5 in 100 people want to collaborate and to change this situation, shows a survey conducted by the Junior Achievement organization.