Romania's industrial production fell 4.3% YoY in August 2024, signaling economic concerns.
Romania's industrial production fell 4.3% year-over-year in August 2024, with a 2% seasonal adjustment decline, signaling economic concerns for investors. The CFA Romania Association reported a significant drop in its macroeconomic confidence index to 40.1 points in September, forecasting a 7.3% budget gap and 1.7% growth for 2024. Additionally, BLIK Romania, backed by Deloitte and Reff & Asociatii, secured approval for its instant payment system from the National Bank of Romania.
October 14, 2024
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