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Romanian Inflation Rate Climbs to 5.1% in August
Macroeconomics

Romanian Inflation Rate Climbs to 5.1% in August

Consumer prices grew an annual 5.1% in August, after dropping to 4.56% in July from 5.4% in June, data from the country's statistics board showed Tuesday.

Oana Gavrila · 11.09.2018 · 09:39 · 1 min
All Forecasts Point To Mere 4% Economic Growth In 2018
Macroeconomics

All Forecasts Point To Mere 4% Economic Growth In 2018

Economists are beginning to review their economic growth forecasts downwards, after the National Statistics Institute published detail GDP growth data last week.

Loredana Frățilă-Cristescu · 11.09.2018 · 08:39 · 2 min
ING Romania Revises 2018 GDP Forecast to 3.8% from 3.5%
Analysis

ING Romania Revises 2018 GDP Forecast to 3.8% from 3.5%

ING Bank Romania has revised its 2018 economic growth forecast for the country to 3.8% from a previous forecast of 3.5% after a second reading by the statistics board confirmed second-quarte...

Oana Gavrila · 10.09.2018 · 10:39 · 2 min
Romania Trade Deficit Widens to EUR7.57B In January-July
Macroeconomics

Romania Trade Deficit Widens to EUR7.57B In January-July

Romania's trade balance posted a deficit of EUR7.57 billion in the first seven months of the year, EUR766.5 million higher compared with the same period of 2017, data from the country's stat...

Oana Gavrila · 10.09.2018 · 10:03 · 1 min
Macroeconomics

Eurostat: Romania Posts Second Highest GDP Growth in EU in 2Q

Romania was the European Union's second highest growing economy in the second quarter of 2018, with 1.4% GDP growth compared with the first quarter, Eurostat data showed Friday.

Oana Gavrila · 07.09.2018 · 14:34 · 1 min
Net Investment in Romania Grows 5.8% in 1H
Macroeconomics

Net Investment in Romania Grows 5.8% in 1H

Net investments in the Romanian economy grew 5.8% on the year in the first six months of 2018, to RON33.6 billion, data from the country's statistics board showed Friday.

Oana Gavrila · 07.09.2018 · 09:54 · 1 min
Romania Average Net Salary Falls 0.5% on Month in July
Macroeconomics

Romania Average Net Salary Falls 0.5% on Month in July

The net average salary in Romania fell 0.5% in July compared with June, to 2,708 lei (around EUR584), data from the country's statistics board showed Friday.

Oana Gavrila · 07.09.2018 · 09:46 · 1 min
Macroeconomics

Second Reading Confirms Romania's GDP Grows 4.1% on Year in 2Q

Romania's gross domestic product grew 4.1% (4.2% in real terms) in the second quarter compared with the second quarter of 2017, a second reading reading from the country's statistics board c...

Oana Gavrila · 07.09.2018 · 09:37 · 1 min
IMF to Lower Romania's GDP Growth Forecast to 4.5% from 5.1%
Macroeconomics

IMF to Lower Romania's GDP Growth Forecast to 4.5% from 5.1%

The International Monetary Fund (IMF) is set to revise Romania's economic growth forecast for 2018 to around 4.5% in October from the current projection of 5.1%, IMF representative in Romani...

Oana Gavrila · 06.09.2018 · 13:55 · 1 min