Macroeconomics
Romania Unemployment At 4.6% in December 2017
Romania's seasonally adjusted unemployment rate fell 0.1 percentage points in December 2017 compared with November, to 4.6%, the country's statistics board said Wednesday.
Unicredit: Romania’s Economic Growth To Moderate At 4.6% In 2018 And 3.5% In 2019
Romania’s economic growth will moderate at 4.6% in 2018 and at 3.5% in 2019 due to fiscal uncertainties, harsher real monetary conditions and consumption-driven economic growth in 2017, acco...
Central Bank Gov: EU Funds Generated GDP Growth Of 1.2 To 1.6 Percentage Points In 2007-2016
A 95% absorption rate of European Union funds within the current multiannual financial framework would trigger a growth rate of potential GDP in 2022 higher by approximately 1.7 percentage p...
Romania Posts Budget Deficit of 2.88% of GDP in 2017
Romania's general consolidated budget posted a deficit of RON24.3 billion, or 2.88% of gross domestic product, below the EU-limit of 3% and below the government's target of 2.96% of GDP, fin...
Financial Analysts See Leu Weakening, Inflation And Interest Rates Rising In Next 12 Months
The macroeconomic confidence index of the Chartered Financial Analysts Association – Romania (CFA Romania) fell to 41 points in December 2017, the lowest level since April 2013 and lower by...
Garanti Bank Sees Romania’s GDP Growth Rate Slowing Down At 4% In 2018
Garanti Bank expects Romania’s economic growth rate to slow down to 4% in 2018, from 6.5% in 2017, on the backdrop of a slower growth rate in industry and trade, correlated with a possible s...
Romania Posts Current Account Deficit of EUR5.58B in Jan-Nov 2017
Romania's current account balance posted a deficit of EUR5.58 billion in January-November, compared with a deficit of EUR2.89 billion in the same period the year before, central bank data sh...
Romania Net Average Salary Grows 3% in November
The net average salary in Romania grew 3% in November compared with October, to 2,464 lei (around EUR531), data from the country's statistics board showed Friday.
Romania Yearend Inflation Hits 3.3% in 2017
Romanian consumer prices accelerated further in December, hitting an annual inflation rate of 3.3% in December from 3.2% in November, data from the country's statistics board showed Friday.