Macroeconomics
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...
BT Analyst: GDP Growth Rate Decrease In 2Q/2019 Is Due To Deterioration Of Climate In Retail, Industry
The decrease of the economic growth rate in the second quarter of 2019 was due to a deterioration of the climate in the retail trade and industry, Andrei Radulescu, macroeconomic analysis di...
Romania's GDP Grows 4.4% YoY in 2Q/2019
Romania's gross domestic product grew an annual 4.4% in the second quarter of 2019, a flash reading by the country's statistics board showed Wednesday.
Romania Current Account Deficit Widens to EUR5.135B in 1H/2019
Romania's current account balance posted a deficit of EUR5.135 billion in the first half of 2019, compared with a deficit of EUR3.717 billion in the same period of 2018, central bank data sh...
Romania Annual Inflation Rate Climbs to 4.1% in July
Romania's annual inflation rate climbed to 4.1% in July from 3.8% in June, driven by higher food prices, data from the country's statistics board showed Monday.
Romania's Trade Deficit Widens to EUR7.692B in 1H/2019
Romania's trade balance posted a deficit of EUR7.692 billion in the first half of 2019, EUR1.376 billion higher compared with the first half of 2018, data from the country's statistics board...
Fiscal Council Warns Budget Deficit Could Reach 3.7% of GDP
Romania's Fiscal Council said Thursday in its stance on the government's proposed budget revision the deficit could reach 3.4-3.7% of gross domestic product unless offset by credible measure...
Romanian Central Bank Sees Inflation at 4.2% in 2019, 3.4% in 2020
Romania's central bank has kept its year-end inflation forecast at 4.2% for 2019, but raised its projection for 2020 to 3.4% from a previous forecast of 3.3%, central bank governor Mugur Isa...
Romania Average Net Salary Grows 1.3% on Month in June
The net average salary in Romania grew 1.3% in nominal terms in June compared with May, to 3,142 lei (around EUR664), data from the country's statistics board showed Wednesday.