by Nicolae Covrig
Supply chains disruptions (semiconductor chips crisis) had a strong negative impact on activity of automotive industry in Europe. As compared with October 2020, production has fallen by 20% in Germany…
Romania’s manufacturing sector clearly underperformed its regional peers during the pandemics as (1) gross value added (GVA) contraction during the lockdown was more severe, and (2) recovery proceeded at a…
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.
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…
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…
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…
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…
US economy recovery prospects have been improving continuously since mid-2020 on the back of the sustained and very large fiscal stimulus and of the fast vaccination process. Cumulated GDP advance…
COVID-19 pandemic outbreak has clearly revealed the big structural differences between the economies in the Northern Europe and those in the Southern Europe. So, countries in the Northern Europe showed…
Investments’ performance was quite strong in Romania in the first three quarters of 2020, as increases were recorded both in the public and the private sector as compared with 2019….
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