Romania's GDP contracted by 1.60% YoY in Q4-2025, bringing full-year growth to 0.60%. Inflation remains elevated at 9.62% YoY in January 2026, after an average of 7.30% in 2025, while unemployment stands at 6.00% at year end. The government budget balance closed with a surplus of +0.04% of GDP in January (cash standard). Economic confidence remains below-trend sentiment, but slightly rising to 94.10 in February.
The EUR/RON exchange rate remained stable at around 5.09 in February for the fifth month in a row. The National Bank of Romania kept the policy rate unchanged at 6.50%, while short-term money market conditions eased: the 3-month ROBOR declined to 5.82% in February (monthly average), from an average of 5.98% in January.
