Macroeconomics
Romania Industrial Output Grows 8.2% on Year in 2017
Romania's industrial output grew 8.2% on the year in 2017, data from the country's statistics board showed Monday.
Central Bank Raises Inflation Forecast to 5% in 1H, 3.5% at Year-End
Romania's central bank has revised its inflation forecast upwards to 5% from 3.9% for the first two quarters of the year and to 3.5% for the end of the year, from a previous projection of 3....
Romania Trade Deficit Widens To Nearly EUR13B In 2017
Romania's trade balance posted a deficit of EUR12.95 billion in 2017, EUR2.98 billion higher than in 2016, data from the country's statistics board showed Friday.
Romania Net Average Salary Grows 6.7% in December 2017
The net average salary in Romania grew 6.7% in December 2017 compared with November, to RON2,629 (EUR565), data from the country's statistics board showed Friday.
EC Sees Romania's Economic Growth Slow Down in 2018, 2019
Romania's economic growth is consumption driven and is expected to decelerate to 4.5% in 2018 and 4% in 2019, according to the European Commission's winter 2018 interim economic forecast.
Romania Central Bank Revises Inflation Upwards in Short Run
Romania's central bank on Wednesday approved its February 2018 Inflation Report, revising its annual inflation forecast upwards in the short run, the bank said in a statement.
Romania Revises 2018 Economic Growth Forecast To 6.1% From 5.5%
Romania's National Prognosis Commission revised the country’s economic growth forecast for 2018 up to 6.1%, from a previous estimate of 5.5% in its fall forecast.
Finance Ministry Has Three Payment Peaks Left In 2018
The year 2018 is another volatile year in terms of the government’s financial needs, with an uneven distribution thereof, payment peaks of 7 to 8 billion lei (EUR1.5 billion to EUR1.7 billio...
Survey: Entrepreneurs Expect Inflation To Rise And Leu To Keep Falling Vs Euro In Next 12 Months
Members of the Romanian Business Leaders (RBL) association, with a cumulated turnover of EUR3.5 billion and more than 30,000 employees, are „cautiously optimistic” about the next 12 months,...