slow down

Compared to December 2022, in January 2023 the retail turnover volume (excluding the trade with motor vehicles and motorcycles) decreased as gross series by 22.0% and increased as adjusted series according to the number of working days and…

The global economy is facing significant challenges due to slowing but elevated inflation, high borrowing costs, and lower external demand. These factors are expected to have a profound impact on private consumption expenditure,…

Economic growth will slow down significantly in 2023, in the context of high energy costs and the prolongation of the war in Ukraine, but will revive in 2024 more than previously anticipated, according to the minutes of the monetary policy…

According to OTP Bank analysts, economic growth is slowing down as Romania tries to adapt to high energy prices and the euro area turns towards stagflation or even recession. The local economic activity is directly affected by another hike…

After two years of constant and significant growth, the end of February 2022 brings a very temperate dynamic of online purchases, according to data analysed at the level of online stores hosted by MerchantPro, a SaaS solution platform for…

Fiscal loosening driven by pension increases. The pace of growth of the Romanian economy will slightly speed in at the end of this year, up to 4.1%, from 4% in 2018, but will slow down up to 3.6% in 2020 and to 3.3% in 2021,…

Business executives in Romania are more and more pessimistic about the local workforce environment, a PwC study shows. The main concerns are related to the availability of the key skills and the change of the workforce demography. The…