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Romania’s Current Account Deficit Grows 33% YoY In January-February 2019, To EUR568M
Macroeconomics

Romania’s Current Account Deficit Grows 33% YoY In January-February 2019, To EUR568M

Romania's current account balance posted a deficit of EUR568 million in January-February 2019, compared with EUR425 million deficit recorded in the same period in 2018, central bank data sho...

Ecaterina Craciun · 12.04.2019 · 13:32 · 1 min
Romania Annual Inflation Spikes Up To 4% In March 2019
Macroeconomics

Romania Annual Inflation Spikes Up To 4% In March 2019

Romania's annual inflation rate spiked to 4% in March 2019, from 3.8% in February and 3.3% in January, data from the country's statistics board showed Wednesday.

Ecaterina Craciun · 10.04.2019 · 10:15 · 1 min
BT: Romania’s Economy To Slow Down Growth Rate To 2.9% In 2019, To Accelerate To 3.3% In 2020
Macroeconomics

BT: Romania’s Economy To Slow Down Growth Rate To 2.9% In 2019, To Accelerate To 3.3% In 2020

The annual dynamics of Romania’s gross domestic product (GDP) will decelerate to 2.9% in 2019, from 4.1% in 2018, but is expected to accelerate to 3.3% in 2020 and to 3.7% in 2021, said Andr...

Ecaterina Craciun · 09.04.2019 · 12:40 · 1 min
Romania Posts EUR2.41B Trade Gap In January-February 2019
Macroeconomics

Romania Posts EUR2.41B Trade Gap In January-February 2019

Romania's trade balance posted a deficit of EUR2.41 billion in January-February 2019, EUR751.1 million higher (+45.2%) compared with the first two months of 2018, data from the country's sta...

Ecaterina Craciun · 09.04.2019 · 10:02 · 1 min
Unicredit Bank: Annual Inflation Rate May Have Grown To 3.9% In March 2019, From 3.8% In Feb
Macroeconomics

Unicredit Bank: Annual Inflation Rate May Have Grown To 3.9% In March 2019, From 3.8% In Feb

Romania's annual inflation rate may have grown to 3.9% in March 2019, from 3.8% in February, reaching one of the three peaks expected in 2019, considering that the next two peaks are envisag...

Ecaterina Craciun · 08.04.2019 · 15:23 · 1 min
Romania Average Net Salary Drops 0.1% On Month In February
Macroeconomics

Romania Average Net Salary Drops 0.1% On Month In February

The net average salary in Romania declined 0.1% in February 2019 compared with January, to 2,933 lei (around EUR617), data from the country's statistics board showed Monday.

Ecaterina Craciun · 08.04.2019 · 10:46 · 1 min
Romania’s GDP Grows 4.1% YoY In Real Terms In 2018
Macroeconomics

Romania’s GDP Grows 4.1% YoY In Real Terms In 2018

Romania's gross domestic product estimated for 2018 grew 4.1% in real terms compared with 2017, provisional data from the country's statistics board showed Monday.

Ecaterina Craciun · 08.04.2019 · 10:25 · 1 min
UniCredit Bank Sees Romania's GDP Growth at 2.8% in 2019 Due to Fiscal Measures
Analysis

UniCredit Bank Sees Romania's GDP Growth at 2.8% in 2019 Due to Fiscal Measures

Romania's economic growth could slow to 2.8% in 2019 and 1.8% in 2020, the lowest due to the negative impact of ad-hoc fiscal measures, weaker credit growth and foreign demand, Unicredit Ban...

Oana Gavrila · 05.04.2019 · 13:49 · 1 min
World Bank: Fiscal Measures Risk Slowing Romanian Economy Further
Macroeconomics

World Bank: Fiscal Measures Risk Slowing Romanian Economy Further

Fiscal measures promoted at end-December 2018 risk slowing the Romanian economy further in 2019 and beyond, the World Bank said in its Spring 2019 economic update released Friday.

Oana Gavrila · 05.04.2019 · 12:46 · 1 min