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Romania Trade Deficit Widens to EUR5.8B in 1H/2017
Macroeconomics

Romania Trade Deficit Widens to EUR5.8B in 1H/2017

Romania's trade balance posted a deficit of EUR5.837 billion in the first half of the year, EUR1.354 billion higher than in the first half of 2016, the country's statistics board said Wednes...

Oana Gavrila · 09.08.2017 · 10:10 · 1 min
Romania Central Bank Revises Inflation Forecast to 1.9% in 2017 from 1.6%
Macroeconomics

Romania Central Bank Revises Inflation Forecast to 1.9% in 2017 from 1.6%

Romania's central bank has revised upwards its inflation forecast for the end of 2017, which it now sees at 1.9% from a previous forecast of 1.6%, central bank governor Mugur Isarescu told a...

Oana Gavrila · 08.08.2017 · 12:18 · 1 min
Romania Average Net Salary Grows 0.7% on Month in June
Macroeconomics

Romania Average Net Salary Grows 0.7% on Month in June

The net average salary in Romania grew 0.7% in June compared with May, to 2,380 lei (around EUR521), data from the country's statistics board showed Monday.

Oana Gavrila · 07.08.2017 · 09:10 · 1 min
Romania Adjusted Retail Sales Down 0.4% on Month in June
Macroeconomics

Romania Adjusted Retail Sales Down 0.4% on Month in June

Romanian adjusted retail sales, excluding vehicle sales, fell 0.4% in June compared with May, while the decline in unadjusted terms stood at 1.5%, data from the country's statistics board sh...

Oana Gavrila · 03.08.2017 · 09:40 · 1 min
Romania Industrial Producer Prices Down 0.1% on Month in June
Macroeconomics

Romania Industrial Producer Prices Down 0.1% on Month in June

Romania’s industrial producer price index decreased 0.1% in June compared with May after a 0.1% drop the previous month, the country’s statistics board said Wednesday.

Oana Gavrila · 02.08.2017 · 09:29 · 1 min
Foreign Direct Investments Exceeded Remittances of Romanian Expats
Macroeconomics

Foreign Direct Investments Exceeded Remittances of Romanian Expats

Central bank statistics show foreign direct investment in the fist five months of the year exceeded remittances from Romanian expats for the first time.

Oana Gavrila · 31.07.2017 · 17:37 · 1 min
Macroeconomics

Romania Unemployment Rate at 5.3% in June

Romania's seasonally adjusted unemployment rate fell 0.1 percentage points in June compared with May, to 5.3%, the country's statistics board said Monday.

Oana Gavrila · 31.07.2017 · 09:39 · 1 min
BT: Euro/Leu Exchange Rate To Keep Growth Trend On Short And Medium Term; Inflation To Accelerate To 1.2% In 2017
Macroeconomics

BT: Euro/Leu Exchange Rate To Keep Growth Trend On Short And Medium Term; Inflation To Accelerate To 1.2% In 2017

The average euro/leu exchange rate will keep the growth trend on the short and medium term and could reach an average 4.56 to the euro in 2017, 4.58 versus euro in 2018 and 4.60 against the...

Ecaterina Craciun · 27.07.2017 · 13:30 · 1 min
Romania Posts Budget Deficit of 0.77% Of GDP In January-June 2017
Macroeconomics

Romania Posts Budget Deficit of 0.77% Of GDP In January-June 2017

Romania's general consolidated budget posted a deficit of RON6.3 billion in January-June 2017, or 0.77% of the gross domestic product (GDP), finance ministry data showed Wednesday.

Ecaterina Craciun · 26.07.2017 · 09:53 · 1 min