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BT Analyst: Romania Annual Unemployment Rate Seen Growing To 4.3% In 2020 From 3.9% In 2019
Romania’s annual unemployment rate is expected to grow to 4.3% in 2020 and to 4.4% in 2021, from 3.9% in 2019 when it reached the lowest level of the past three decades, according to Andrei...
BT Analyst: Consumption To Accelerate To 6.3% In 2019; Moderate To 5% In 2020
Banca Transilvania analysts expect the consumption growth rate to accelerate to 6.3% in 2019, from 5.2% in 2018, due to a lax and unsustainable mix of economic policies.
BT: Romania GDP May Slow Down Growth Rate From 4.1% In 2018 To 3.8% In 2019 And 3.3% In 2020
Romania’s gross domestic product moderated at 4.4% year-over-year in the second quarter of 2019, from 5% in the first quarter, amid global economic tensions, an evolution below the potential...
PwC: Romania Media And Entertainment Industry Seen Reaching $3B Threshold In 2019, Up 7.1% YoY
The Romanian media and entertainment industry will reach the USD3 billion threshold in 2019, up 7.1% from 2018, but remains the smallest market in Central and Eastern European (CEE), accordi...
EC Raises Romania 2019 Economic Growth Forecast To 4% From 3.3%
The European Commission said Wednesday it has revised upwards its economic growth projection for Romania in 2019, in its summer economic forecast, to 4%, from 3.3% predicted in its spring fo...
Raiffeisen Bank Announces Upbeat Expectations About Lending Market In Next One And A Half Years
The lending market looks very good at present and it is expected to stay like this in the next one and a half years, Felix Daniliuc, executive director with Raiffeisen Bank, told the ZF Bank...
BT Analyst: Romania Annual Inflation Rate, Under HICP, May Fall To 3.8% In 2019 Vs 4.1% In 2018
The annual inflation rate, under the harmonised index of consumer prices (HICP), is expected to fall to 3.8% in 2019, from 4.1% in 2018, and to decline even further in 2020, down to 3%, acco...
BT Analyst: Romania GDP Growth Rate Seen Slowing Down To 3.5% In 2019 Vs Govt’s 5.5% Forecast
Romania’s economy will slow down its growth rate from 4.1% in 2018 to 3.5% in 2019 and 3.4% in 2020, respectively, but it will accelerate to 3.6% in 2021, said Andrei Radulescu, macroeconomi...
Romania’s Wage Bill to Overshoot EUR100B Mark by 2020
Romania’s wage bill (which includes all net wages, taxes and related contributions) stood at EUR80 billion in 2018 and will amount to more than EUR100 billion in 2020, Eurostat data show.