Macroeconomics
IMF Revises Up Romania’s GDP Growth Forecast To 5.1% In 2018
The International Monetary Fund (IMF) expects Romania’s economy to grow 5.1% in 2018, from 4.4% previously estimated, the IMF said in the April edition of its World Economic Outlook (WEO) re...
Romania Current Account Deficit Widens To EUR172M In January-February 2018
Romania's current account balance posted a deficit of EUR172 million in January-February 2018, compared with EUR72 million in the first two months of 2017, central bank data showed Friday.
CFA Romania: Financial Analysts’ Confidence In Romania’s Economy Rose Slightly In March
Financial analysts’ confidence in Romania’s economy for the next year rose slightly in March 2018, compared with February.
Bank Deposit Holders Worst Hit By Inflation Rise To 5%
The annual inflation rate reached 5% in March, the highest rate in the past six years. It went up by 0.3% compared with February, according to the National Statistics Institute data.
Romania Inflation Rate Hits Six-Year High Of 5% In March 2018
Romanian consumer prices accelerated further in March 2018, to an annual rate of 5%, from an annual rate of 4.7% in February, which is the highest level in six years, data from the country's...
Romania Net Average Salary Grows 11.2% On Year In February 2018
The net average salary in Romania inched up 0.1% in February 2018 compared with January, to 2,487 lei (EUR533), but rose 11.2% compared with February 2017, data from the country's statistics...
Romania Posts EUR1.65B Trade Deficit in January-February 2018
Romania's trade balance posted a deficit of EUR1.65 billion in January and February 2018, EUR398 million higher than in same period in 2017, data from the country's statistics board showed T...
Romania Posts GDP Growth Of 6.9% On Year In 2017
Romania's gross domestic product grew 6.9% on the year in 2017, a second reading by the country's statistics board showed Thursday.
Central Bank Governor: Inflation Rate Expected To Cap Around 5% And Fall Afterwards
Romania’s central bank governor Mugur Isarescu on Wednesday said this year the inflation rate is expected to cap around 5% and fall subsequently, following the central bank's decision to lea...