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Unicredit Bank Sees Romania's GDP Growth Slowing to 3.7% this year, 3.3% in 2019
Analysis

Unicredit Bank Sees Romania's GDP Growth Slowing to 3.7% this year, 3.3% in 2019

Political and fiscal risks will dominate the public agenda this year and the next and economic growth will slow down to 3.7% in 2018 and 3.3% in 2019 on harsher financial conditions, limited...

Oana Gavrila · 19.10.2018 · 14:58 · 1 min
Romania Current Account Deficit Widens to EUR5.83B in Jan-Aug
Macroeconomics

Romania Current Account Deficit Widens to EUR5.83B in Jan-Aug

Romania's current account balance posted a deficit of EUR5.83 billion in January-August, compared with a deficit of EUR4.23 billion in the same period last year, central bank data showed Mon...

Oana Gavrila · 15.10.2018 · 13:19 · 1 min
Romania Trade Deficit Widens To EUR8.978B In January-August 2018
Macroeconomics

Romania Trade Deficit Widens To EUR8.978B In January-August 2018

Romania's trade balance posted a deficit of EUR8.978 billion in the first eight months of 2018, EUR1.105 billion higher compared with the same period of 2017, data from the country's statist...

Ecaterina Craciun · 10.10.2018 · 10:06 · 1 min
Romania Inflation Rate Falls To 5% In September
Macroeconomics

Romania Inflation Rate Falls To 5% In September

Romanian consumer prices fell to 5% in September 2018, from 5.1% a month earlier, but the annual inflation rate rose by 5%, data from the country's statistics board INS showed Wednesday.

Ecaterina Craciun · 10.10.2018 · 09:45 · 1 min
IMF Revises Downwards Romania’s GDP Growth Forecast To 4% In 2018
Macroeconomics

IMF Revises Downwards Romania’s GDP Growth Forecast To 4% In 2018

The International Monetary Fund (IMF) has revised downwards its forecast on Romania’s economic growth to 4% in 2018, 1.1 percentage points below the 5.1% level estimated in its April report,...

Ecaterina Craciun · 09.10.2018 · 10:41 · 1 min
Romania Average Net Salary Falls 1.4% On Month To RON2,669 In August 2018
Macroeconomics

Romania Average Net Salary Falls 1.4% On Month To RON2,669 In August 2018

The net average salary in Romania fell 1.4% in August 2018 compared with July, to 2,669 lei (around EUR571), data from the country's statistics board showed Tuesday.

Ecaterina Craciun · 09.10.2018 · 10:09 · 1 min
Unicredit Bank: Romania Annual Inflation Rate Seen Moderating At 4.9% In Sept 2018
Macroeconomics

Unicredit Bank: Romania Annual Inflation Rate Seen Moderating At 4.9% In Sept 2018

Unicredit Bank analysts believe the official data for September 2018 will probably show the annual inflation rate entering a downward trend and falling to 4.9%, from 5.1% in August 2018, a t...

Ecaterina Craciun · 08.10.2018 · 17:18 · 1 min
BT Analyst: Annual Private Consumption Growth To Moderate And Fall To 6% In 2018, To 5% In 2019
Macroeconomics

BT Analyst: Annual Private Consumption Growth To Moderate And Fall To 6% In 2018, To 5% In 2019

The annual increase in private consumption will moderate in coming years, falling to 6% in 2018, 5% in 2019 and 4.6% in 2020, after a significant increase of 10.1% in 2017, Andrei Radulescu,...

Ecaterina Craciun · 04.10.2018 · 13:14 · 1 min
Central Bank To Announce Measures Limiting Indebtedness Ratio
Banks-Insurance

Central Bank To Announce Measures Limiting Indebtedness Ratio

Romania's central bank will soon announce measures to limit the indebtedness ratio on loans, governor Mugur Isarescu said Wednesday.

Oana Gavrila · 03.10.2018 · 18:51 · 1 min