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Romanian Central Bank Revises Inflation Forecast Up to 1.4% in 2016
Romania's central bank has revised its inflation forecast to 1.4% this year from a previous forecast of 1.1%, central bank governor Mugur Isarescu told a news conference Tuesday.
EC Improves Romanian Economic Growth Forecast, Warns of Risks
The European Commission has made marginal improvements on Romania's economic growth estimates in its winter forecast released Thursday, but warns of risks posed by new legal initiatives and...
Romania Central Bank Revises 2015 Inflation Forecast to -0.7% from -0.3%
Romania's central bank has revised its annual inflation forecast for this year and sees it at -0.7% from -0.3% in August, considering the impact of tax cuts, central bank governor Mugur Isar...
EC Sees Romanian GDP Growth Accelerating on Domestic Demand
The European Commission expects Romania's economic growth will pick up this year and the next, to 3.5% and 4.1% of gross domestic product, respectively, as fiscal stimulus spurs domestic dem...
IMF Sees Romania GDP Growth at 3.4% This Year, 3.9% in 2016
Romania is expected to post an economic growth of 3.4% this year and 3.9% in 2016, according to the International Monetary Fund's fall World Economic Outlook report released Tuesday.
H&M Romania Sales Seen At EUR200M In 2015
Swedish apparel retailer Hennes & Mauritz (H&M) posted sales of EUR135 million in Romania in the first nine months of financial year 2015 starting December 1 to November 30, 50% higher from...
Romania Avg 2015 Salary Growth Forecast Revised Up To 7.2% From 6.5%
Romania's National Prognosis Commission has revised this year's forecast average gross salary from RON2,426 to RON2,496, expecting a growth of 7.2% instead of the previously seen 6.5%, while...
Romania Prognosis Commission Revises Inflation Forecast To -0.7% From 0.7%
Romania's National Prognosis Commission has revised this year's annual inflation rate to minus 0.7% from a previous forecast of 0.7%, and to 1.8% from 2.8% previously expected.
Romania Revises 2015 Economic Growth Forecast to 3.4% from 3.3%
Romania's National Prognosis Commission has revised this year economic growth forecast up to 3.4% from a previous forecast of 3.3% and next year's GDP growth to 4.1% from 3.4%, the commissio...