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Romania Average Net Salary Grows 13% in 2018
Macroeconomics

Romania Average Net Salary Grows 13% in 2018

The net average salary in Romania grew 13% in 2018 compared with 2017, to 2,642 lei (around EUR557), data from the country's statistics board showed Thursday.

Oana Gavrila · 26.09.2019 · 11:07 · 1 min
Romania Unemployment Rate at 3.8% in 2Q/2019
Macroeconomics

Romania Unemployment Rate at 3.8% in 2Q/2019

Romania's seasonally adjusted unemployment rate stood at 3.8% in the second quarter of 2019, from 3.5% in the first quarter, data from the country's statistics board showed Thursday.

Oana Gavrila · 26.09.2019 · 10:46 · 1 min
Financial Analysts See Leu Falling To 4.8243 Units Vs Euro In Next 12 Months
Macroeconomics

Financial Analysts See Leu Falling To 4.8243 Units Vs Euro In Next 12 Months

Most financial analysts expect the Romanian leu to depreciate to an average 4.8243 lei to the euro over the next 12 months, as per a survey by the CFA (Chartered Financial Analyst) associati...

Ecaterina Craciun · 25.09.2019 · 12:57 · 1 min
Eurostat: Romania Had Third Highest Trade In Goods Surplus With Africa In 2018
Macroeconomics

Eurostat: Romania Had Third Highest Trade In Goods Surplus With Africa In 2018

The European Union (EU) is the largest partner for trade in goods with Africa, ahead of China, India, the United States and the United Arab Emirates, Eurostat data showed Monday.

Ecaterina Craciun · 23.09.2019 · 14:15 · 1 min
Eurostat: Romania Posts Highest Annual Inflation Rate in EU in August
Analysis

Eurostat: Romania Posts Highest Annual Inflation Rate in EU in August

Romania had the highest annual inflation rate in the European Union in August, of 4.1%, followed by Hungary, Netherlands and Latvia, Eurostat data showed Wednesday.

Oana Gavrila · 18.09.2019 · 17:52 · 1 min
Romania Current Account Gap Widens to EUR6.025B in Jan-July
Macroeconomics

Romania Current Account Gap Widens to EUR6.025B in Jan-July

Romania's current account balance posted a deficit of EUR6.025 billion in the first seven months of 2019, compared with a deficit of EUR4.859 billion in the same period of 2018, central bank...

Oana Gavrila · 13.09.2019 · 12:10 · 1 min
Eurostat: Romania Posts Largest Monthly Decrease In Industrial Production In EU In July 2019
Macroeconomics

Eurostat: Romania Posts Largest Monthly Decrease In Industrial Production In EU In July 2019

Romania registered the largest decrease in industrial production among European Union Member States, of 3.3%, in July 2019 compared with June 2019, and the second largest decrease in the EU,...

Ecaterina Craciun · 12.09.2019 · 17:43 · 1 min
Romania Annual Inflation Slows to 3.9% in August
Macroeconomics

Romania Annual Inflation Slows to 3.9% in August

Romania's annual inflation rate slowed to 3.9% in August from 4.1% in July, data from the country's statistics board showed Wednesday.

Oana Gavrila · 11.09.2019 · 09:43 · 1 min
Romania Net Average Salary Falls 0.7% on Month in July
Macroeconomics

Romania Net Average Salary Falls 0.7% on Month in July

The net average salary in Romania dropped 0.7% in nominal terms in July compared with June, to 3,119 lei (around EUR659), data from the country's statistics board showed Monday.

Oana Gavrila · 09.09.2019 · 10:13 · 1 min