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BT Analyst: Romania Exports, Imports To See Annual Average Growths Of 5.5% And 6.9% In 2020-2022
Macroeconomics

BT Analyst: Romania Exports, Imports To See Annual Average Growths Of 5.5% And 6.9% In 2020-2022

Banca Transilvania economists expect the gap between Romanian imports and exports to soften due to domestic economic policies and the depreciation of the leu.

Ecaterina Craciun · 10.01.2020 · 11:59 · 1 min
Romania's Trade Deficit Widens To EUR15.510B In January-November 2019
Macroeconomics

Romania's Trade Deficit Widens To EUR15.510B In January-November 2019

Romania's trade balance posted a deficit of EUR15.510 billion in the first eleven months of 2019, EUR2.105 billion higher compared with the same period in 2018, data from the country's stati...

Ecaterina Craciun · 09.01.2020 · 11:17 · 1 min
Romania Unemployment Rate Stays At 4% In November 2019
Macroeconomics

Romania Unemployment Rate Stays At 4% In November 2019

Romania's seasonally adjusted unemployment rate stood at 4% in November 2019, the same as in October 2019, data from the country's statistics board showed Thursday.

Ecaterina Craciun · 09.01.2020 · 10:36 · 1 min
Central Bank Sees Heightened Risks to Inflation in Election Year
Macroeconomics

Central Bank Sees Heightened Risks to Inflation in Election Year

Heightened uncertainties and risks surrounding the inflation outlook stem from the fiscal and income policy stance, given the domestic election calendar, central bank governor Mugur Isarescu...

Oana Gavrila · 08.01.2020 · 16:09 · 1 min
Euler Hermes: Romania Economy To Slow Down Growth Rate To 2.8% In 2020
Macroeconomics

Euler Hermes: Romania Economy To Slow Down Growth Rate To 2.8% In 2020

Romania’s economy will slow down its growth rate down to 2.8% in 2020, according to estimates by Euler Hermes analysts, in the context of falling global demand, continuous commercial tension...

Ecaterina Craciun · 08.01.2020 · 14:03 · 2 min
BT Analyst: Private Consumption, Main Component Of GDP, To Slow Down Growth At 5% In 2020
Macroeconomics

BT Analyst: Private Consumption, Main Component Of GDP, To Slow Down Growth At 5% In 2020

Private consumption, the main component of the gross domestic product (GDP), will be slowing down its annual growth rate, from 7.3% in 2018, to 5.3% in 2019 and 5% in 2020, respectively, ami...

Ecaterina Craciun · 07.01.2020 · 14:56 · 1 min
Romania to See Economic Growth of 2.6% to 3.5%, Leu to Lose Ground Against Euro in 2020
Macroeconomics

Romania to See Economic Growth of 2.6% to 3.5%, Leu to Lose Ground Against Euro in 2020

Economic analysts expect economic growth of 2.6% to 3.5% for Romania and a leu depreciation of 2% to 4% in 2020, mainly due to the worsening of the budget and current account deficit.

Loredana Frățilă-Cristescu · 07.01.2020 · 10:00 · 1 min
Romania Industrial Producer Prices Up 0.3% On Month In November 2019
Macroeconomics

Romania Industrial Producer Prices Up 0.3% On Month In November 2019

Romania’s industrial producer price index for the total (domestic market and non-domestic market) grew 0.3% In November 2019 compared with October 2019, data from Romania’s statistics board...

Ecaterina Craciun · 06.01.2020 · 10:47 · 1 min
Romania Forex Reserves Drop to EUR32.926B in 2019
Banks-Insurance

Romania Forex Reserves Drop to EUR32.926B in 2019

Romania's foreign exchange reserves declined to EUR32.926 billion at the end of December 2019 from EUR33.817 billion at the end of November, central bank data showed Friday.

Oana Gavrila · 03.01.2020 · 13:48 · 1 min