Romanian business group Concordia warns of possible recession in H1 2026
The likelihood of Romania entering a recession in the first half of 2026 is high, according to the Concordia Employers’ Confederation, which pointed to weakening consumption, persistent inflation, and mounting pressure on companies’…
iulian ernst · Journalist
· Updated · 2 min read

The likelihood of Romania entering a recession in the first half of 2026 is high, according to the Concordia Employers’ Confederation, which pointed to weakening consumption, persistent inflation, and mounting pressure on companies’ investment plans.
Concordia argued that inflation is increasingly eroding purchasing power and consumer confidence, with visible effects in retail data, Economedia.ro reported. The volume of retail sales has been contracting steadily since H2 2025, with the annual decline reaching 6.2% in February 2026. The drop is even sharper in non-food goods (-9.4%), a segment seen as a key indicator of household sentiment and uncertainty.


