Macroeconomics
Romania Current Account Deficit Widens to EUR3.4B in Jan-May
Romania's current account balance posted a deficit of EUR3.4 billion in January-May, compared with a deficit of EUR2.564 billion in the same period of 2018, central bank data showed Monday.
Eurostat: Romania Posts Second Largest Decrease In Industrial Production In The EU In May 2019
With a 1.9% decline in industrial production in May 2019, Romania ranks second among European Union Member States, after Finland, as per a report released Friday by Eurostat, the statistical...
Isarescu Says Current Account Deficit Increase Can Cause Problems
The increase of the current account deficit, which nears 5%, can cause problems, and a correction cannot be made with the snap of one’s fingers, Romania's central bank governor Mugur Isaresc...
EC Raises Romania 2019 Economic Growth Forecast To 4% From 3.3%
The European Commission said Wednesday it has revised upwards its economic growth projection for Romania in 2019, in its summer economic forecast, to 4%, from 3.3% predicted in its spring fo...
Romania Posts EUR6.523B Trade Gap In January-May 2019
Romania's trade balance posted a deficit of EUR6.523 billion in January-May 2019, EUR1.511 billion higher than in the same period of 2018, data from the country's statistics board showed Wed...
Romania’s Annual Inflation Rate At 3.8% In June 2019 Versus 4.1% In May And April
Romania’s annual inflation rate slowed to 3.8% in June 2019, from 4.1% in May and April 2019, data from the country's statistics board INS showed Wednesday.
Romania Average Net Salary Drops 0.4% On Month In May 2019
The average net salary in Romania declined 0.4% in May 2019 compared with April 2019, to 3,101 lei (around EUR656), data from the country's statistics board showed Monday.
Romania GDP Grows 5% YoY In 1Q/2019
Romania's gross domestic product (GDP) grew 5% in the first quarter of 2019 compared with the same period of 2018, in both unadjusted and seasonally adjusted terms, provisional (2) estimates...
Isarescu: Ensuring Economic Growth Under Conditions of Fiscal Consolidation, A Challenge In Upcoming Period
Ensuring economic growth under conditions of fiscal consolidation is a challenge in the coming period, considering that the consumption pedal no longer has too much room for maneuver, Romani...