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Financial Analysts See Leu Weakening, Inflation And Interest Rates Rising In Next 12 Months
Macroeconomics

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) rose slightly in November, by 0.7 points, after five consecutive months of decline,...

Ecaterina Craciun · 27.12.2017 · 09:59 · 1 min
Social/Politics

Romanian Parliament Adopts 2018 Budget

Romanian lawmakers on Friday adopted the country's 2018 state budget, built on an economic growth projection of 5.5%, an average annual inflation rate of 3.1%, and a deficit of 2.97% of GDP.

Oana Gavrila · 22.12.2017 · 12:44 · 1 min
Romania Unemployment Rate at 4.7% in Third Quarter
Macroeconomics

Romania Unemployment Rate at 4.7% in Third Quarter

Romania's seasonally adjusted unemployment rate stood at 4.7% in the third quarter, compared with 4.8% in the second quarter, the country's statistics board said Friday.

Oana Gavrila · 22.12.2017 · 10:30 · 1 min
Macroeconomics

Romania GDP Grew 4.8% in Real Terms in 2016

Romania's gross domestic product grew 4.8% in real terms compared with 2015, semi-final data from the country's statistics board showed Wednesday.

Oana Gavrila · 20.12.2017 · 09:55 · 1 min
Romania Posts Current Account Deficit of EUR5.3B in Jan-Oct
Macroeconomics

Romania Posts Current Account Deficit of EUR5.3B in Jan-Oct

Romania's current account balance posted a deficit of EUR5.3 billion in January-October, compared with a deficit of EUR2.83 billion in the same period the year before, central bank data show...

Oana Gavrila · 14.12.2017 · 15:06 · 1 min
Romanian Inflation Accelerates to 3.2% in November
Macroeconomics

Romanian Inflation Accelerates to 3.2% in November

Romanian consumer prices accelerated further in November, hitting an annual inflation rate of 3.2%, from 2.6% in October, data from the country's statistics board showed Tuesday.

Oana Gavrila · 12.12.2017 · 12:12 · 1 min
Romania Trade Deficit Widens to EUR10.2B in Jan-Oct
Macroeconomics

Romania Trade Deficit Widens to EUR10.2B in Jan-Oct

Romania's trade balance posted a deficit of EUR10.2 billion in January-October, EUR2.29 billion higher than in the same period in 2016, data from the country's statistics board showed Monday...

Oana Gavrila · 11.12.2017 · 12:19 · 1 min
Romania Average Net Salary Grows 0.7% In October
Macroeconomics

Romania Average Net Salary Grows 0.7% In October

The net average salary in Romania grew 0.7% in October compared with September, to 2,392 lei (around EUR516), data from the country's statistics board showed Monday.

Oana Gavrila · 11.12.2017 · 12:12 · 1 min
Net Investment in Romania Grows 3.6% in Jan-Sept, to RON50B
Macroeconomics

Net Investment in Romania Grows 3.6% in Jan-Sept, to RON50B

Net investments in the Romanian economy grew 3.6% in the first nine months compared with the same period last year, to RON50 billion, data from the country's statistics board showed Friday.

Oana Gavrila · 08.12.2017 · 10:10 · 1 min