Romania: real GDP has already reached the pre-pandemic level
Following the strong advance of 2.8% in Q1 2021 from Q4 2020, Romania’s real GDP has already reached the pre-pandemic level from Q4 2019.
CESEE and Euro area: recovery status for retail sales and industrial output
Industrial output and retail sales (excluding fuels) showed divergent dynamics over the past year across the CE/SEE and major Euro area economies: very good performance was recorded in Poland and…
Romania: industry was a weak link for economic recovery
In Romania, industrial output recorded a sharp contraction during the lockdown in the Spring of 2020. Subsequently, the recovery has progressed at a slower pace when compared with the other…
Romania: strong performance of retail sales during the pandemic
For Romania, retail sales of food goods and non-food goods (excluding fuels) rebounded rapidly following the last year’s lockdown. They continued on a solid upward trend subsequently. In terms of…
EU: fast increase in prices of consumer goods at factory gates during Q1 2021
Producer prices for consumer goods delivered to domestic market increased rapidly during Q1 2021 across most of EU member countries. Two key questions arise:(1) are these large price increases from…
Nicolae Covrig
Telling pasionate stories about economy
Never stop dreaming. Never stop learning. Never stop giving.
