Economy | 19 February, 2025 at 1:15 PM
NSI: Job vacancies up in Q4 2024 compared to the same period in 2023
About 18% of the total number of vacancies was concentrated in manufacturing (6,300 vacancies) and the rate was 0.59%.
About 18% of the total number of vacancies was concentrated in manufacturing (6,300 vacancies) and the rate was 0.59%.
On a gross basis, compared with the same quarter in 2023, GDP in the fourth quarter of 2024 increased by 0.7%.
According to data presented in November 2024 by the governor of the National Bank of Romania (NBR), Mugur Isărescu, the inflation forecast for the end of 2025 is estimated at 3.5%.
Average gross earnings were RON 8,825 in November, RON 213 (+2.5%) higher than in the previous month.
The consumer price index in December 2024 compared to November 2024 was up by 0.29%.
On the seasonally adjusted series, the estimated GDP for the third quarter of 2024 was RON 446.176 billion at current prices.
By gender, the unemployment rate for males exceeded that for females by 0.5 percentage points (the values were 5.5% for males and 5% for females).
In the December 2024 business cycle survey, managers in the manufacturing industry forecast a moderate decrease in the volume of production for the next three months.
Hidroelectrica has signed a contract for €8.7 million in non-reimbursable financing from the Modernisation Fund to implement a battery storage facility at the Porțile de Fier II hydroelectric plant.
Romania's annual inflation rate will increase and remain at higher levels than previously forecast during March-June 2026, according to the minutes from the National Bank of Romania's monetary policy meeting held in early April.
The Vega Ploiești Refinery, operated by Rompetrol Rafinare, has started producing hexane with a minimum purity of 60%, supporting polypropylene production and the food industry.
Romania's job market in Q1 2026 showed a significant imbalance between supply and demand, with applications on OLX Locuri de Muncă rising 10.6% to 2.62 million whilst total job postings dropped 43.1% to 41,221 compared to the same period in 2025.
Energy producer OMV Petrom and RNV Infrastructure have announced that three wind projects in Romania, with a total installed capacity of approximately 300 MW, are entering the execution phase following the final investment decision. The projects hold the necessary permits, with production expected to begin in stages from H1 2027.