Macroeconomics
Banca Transilvania Expects Inflation To Accelerate From 1.1% In 2017 To 3.1% In 2018
Banca Transilvania expects inflation to accelerate over the short and medium time horizon, with the perspective of exiting the range targeted by the central bank in the second half of 2018,...
Central Bank Expects Inflation to Hit Statistical Peak in 1Q/2018
Romania's central bank expects inflation to accelerate over the short term and reach a statistical peak in the first quarter of 2018, governor Mugur Isarescu said Tuesday.
Romania Average Net Salary Grows 0.5% in September
The net average salary in Romania grew 0.5% in September compared with August, to 2,376 lei (around EUR517), data from the country's statistics board showed Tuesday.
Romania Forecast Commission Sees GDP Growth at 5.5% in 2018
Romania Forecast Commission has published its estimates for 2017-2021 in view of the government drafting the 2018 state budget and sees a gross domestic product of RON907.9 billion next year...
Romania Adjusted Retail Sales Up 0.5% on Month In September
Romanian adjusted retail sales, excluding vehicle sales, grew 0.5% in September compared with August, while in unadjusted terms it declined 4.9%, data from the country's statistics board sho...
Romanian President Warns Government's Tax Plans Are Chaotic, Hinder Economic Growth
Romanian President Klaus Iohannis on Thursday criticized the government's proposed tax measures, warning their implementation would muddle the country's finances and hinder sustainable econo...
AmCham Romania: Tax Plans Hinder Growth, Add Pressure to Deficit
The Romanian government's recent tax plans, with a budget impact of RON5 billion in 2018 and RON 3-4 billion in 2019–2020, could hinder the country's sustainable economic growth, AmCham Roma...
Romania Unemployment Rate at 5% in September
Romania's seasonally adjusted unemployment rate fell 0.1 percentage points in September compared with August, to 5%, the country's statistics board said Tuesday.
Romania Plans To Raise Minimum Gross Wage To RON1,900 As Of Jan, But Puts Off Minimum Pension Rise
The Romanian government plans to raise the minimum gross wage to RON1,900 as of January 1, 2018, but it will put off increasing the guaranteed minimum pension to RON640 for July 1, 2018, com...