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Net Investment in Romania Grows 12.1% YoY in 1H/2019
Macroeconomics

Net Investment in Romania Grows 12.1% YoY in 1H/2019

Net investments in the Romanian economy grew 12.1% in the first half of 2019, compared with the first half of 2018, to RON39.685 billion, data from the country's statistics board showed Mond...

Oana Gavrila · 09.09.2019 · 10:02 · 1 min
Romania's Trade Deficit Widens to EUR9.48B in January-July
Macroeconomics

Romania's Trade Deficit Widens to EUR9.48B in January-July

Romania's trade balance posted a deficit of EUR9.48 billion in the first seven months of 2019, EUR1.892 billion higher compared with the same period in 2018, data from the country's statisti...

Oana Gavrila · 09.09.2019 · 09:53 · 1 min
Romania Posts Second Highest GDP growth in EU in 2Q
Macroeconomics

Romania Posts Second Highest GDP growth in EU in 2Q

Romania posted the second highest economic growth in the European Union in the second quarter, both in quarterly and annual terms, after Hungary, Eurostat data showed.

Oana Gavrila · 06.09.2019 · 17:22 · 1 min
Romania’s GDP Grows 4.7% YoY In 1H/2019
Macroeconomics

Romania’s GDP Grows 4.7% YoY In 1H/2019

Romania's gross domestic product increased by an annual 4.7% in the first half of 2019, in unadjusted terms, and by 4.8% in seasonally adjusted terms, provisional (1) estimates from the coun...

Ecaterina Craciun · 06.09.2019 · 11:00 · 1 min
BT Analyst: Consumption To Accelerate To 6.3% In 2019; Moderate To 5% In 2020
Macroeconomics

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.

Ecaterina Craciun · 04.09.2019 · 14:57 · 1 min
Fitch: Romanian Politics Could Complicate Economic Policy; Deficit Seen  at 3.4% of GDP
Analysis

Fitch: Romanian Politics Could Complicate Economic Policy; Deficit Seen at 3.4% of GDP

The break-up of Romania's governing coalition increases political uncertainty ahead of a busy electoral calendar and amid a backdrop of rising macroeconomic imbalances, Fitch Ratings said in...

Oana Gavrila · 03.09.2019 · 17:16 · 2 min
Romania Unemployment Rate At 3.9% In July
Macroeconomics

Romania Unemployment Rate At 3.9% In July

Romania's seasonally adjusted unemployment rate was 3.9% in July 2019, higher by 0.1 percentage points from 3.8% in June, data from the country's statistics board showed Friday.

Ecaterina Craciun · 30.08.2019 · 11:21 · 1 min
Romania Posts Budget Deficit of 1.76% of GDP in January-July
Macroeconomics

Romania Posts Budget Deficit of 1.76% of GDP in January-July

Romania's general consolidated budget posted a deficit of RON18.14 billion, or 1.76% of gross domestic product , in January-July, down from 1.94% of GDP in the first half of the year, financ...

Oana Gavrila · 27.08.2019 · 19:24 · 1 min
Financial Analysts See Leu Falling To 4.83 Units Vs Euro In Next 12 Months, Inflation At 3.91%
Macroeconomics

Financial Analysts See Leu Falling To 4.83 Units Vs Euro In Next 12 Months, Inflation At 3.91%

Most financial analysts expect the Romanian leu to depreciate to an average 4.8358 lei to the euro over the next 12 months, while inflation is seen averaging 3.91% over the same horizon.

Ecaterina Craciun · 27.08.2019 · 11:25 · 1 min