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Central Bank Sees Inflation Declining in 3Q, Heading To Upper Bound of Target Interval
Macroeconomics

Central Bank Sees Inflation Declining in 3Q, Heading To Upper Bound of Target Interval

Romania's central bank sees the annual inflation rate declining in the third quarter, remaining above the variation band of the target, before dropping more visibly in the final months of 20...

Oana Gavrila · 06.08.2018 · 15:38 · 1 min
Eurostat: Romania Ranks 8th Among EU Countries With Lowest Unemployment Rates
Macroeconomics

Eurostat: Romania Ranks 8th Among EU Countries With Lowest Unemployment Rates

Romania registered a 4.5% unemployment rate in June 2018, the eighth lowest rate in the European Union, according to a report released on Tuesday by Eurostat, the statistical office of the E...

Ecaterina Craciun · 31.07.2018 · 18:51 · 1 min
Romania Unemployment Rate Dips To 4.5% in June
Macroeconomics

Romania Unemployment Rate Dips To 4.5% in June

Romania's seasonally adjusted unemployment rate fell slightly to 4.5% in June from 4.6% in May, data from the country's statistics board showed Tuesday.

Oana Gavrila · 31.07.2018 · 09:09 · 1 min
Romania's Budget Deficit Doubles in 1H, to 1.61% of GDP
Macroeconomics

Romania's Budget Deficit Doubles in 1H, to 1.61% of GDP

Romania's general consolidated budget posted a deficit of RON14.97 billion in the first half of 2018, or 1.61% of the gross domestic product, more than double compared with RON6.295 billion...

Oana Gavrila · 27.07.2018 · 09:07 · 1 min
Eurostat: Romania Ranks Fourth Among EU States With Lowest Government Debt-To-GDP Ratio In 1Q/2018
Macroeconomics

Eurostat: Romania Ranks Fourth Among EU States With Lowest Government Debt-To-GDP Ratio In 1Q/2018

Romania’s government debt reached 34.4% of the gross domestic product in the first quarter of 2018, the fourth lowest level in the European Union, Eurostat, the statistical office of the Eur...

Ecaterina Craciun · 20.07.2018 · 17:08 · 1 min
Romania Prognosis Commission Cuts 2018 GDP Growth Forecast To 5.5% From 6.1%
Macroeconomics

Romania Prognosis Commission Cuts 2018 GDP Growth Forecast To 5.5% From 6.1%

Romania’s prognosis commission, or CNP, has revised downward, in its 2018 intermediate summer prognosis, its economic growth forecast to 5.5% in 2018, from 6.1% previously.

Ecaterina Craciun · 19.07.2018 · 20:05 · 1 min
Eurostat: Romania Posts Highest Annual Inflation Rate In The EU, Of 4.7%, In June 2018
Macroeconomics

Eurostat: Romania Posts Highest Annual Inflation Rate In The EU, Of 4.7%, In June 2018

Romania ranks first in the European Union regarding the annual inflation rate in June 2018, seeing an increase of 4.7% in the Harmonised Index of Consumer Prices (HICP), Eurostat, the statis...

Ecaterina Craciun · 18.07.2018 · 15:39 · 1 min
Macroeconomics

Romania Current Account Deficit Widens to EUR3.018B in Jan-May

Romania's current account balance posted a deficit of EUR3.018 billion in January-May compared with a deficit of EUR2.606 billion in the same period last year, central bank data showed Monda...

Oana Gavrila · 16.07.2018 · 12:32 · 1 min
Romania’s Annual Inflation Rate Flat At 5.4% In June 2018
Macroeconomics

Romania’s Annual Inflation Rate Flat At 5.4% In June 2018

Romanian consumer prices inched up 0.02% in June 2018 from a month earlier, but the annual inflation stayed put at 5.4%, similar with the level reached in May 2018, data from the country's s...

Ecaterina Craciun · 11.07.2018 · 10:39 · 1 min