Macroeconomics
Romania Trade Deficit Widens to EUR4.46B in January-May
Romania's trade balance posted a deficit of EUR4.46 billion in January-May, EUR680 million higher than in the same period in 2016, the country's statistics board said Monday.
Romanian Average Net Salary Down 0.1% on Month in May
The net average salary in Romania decreased 0.1% in May compared with April, to 2,363 lei (around EUR516), data from the country's statistics board showed Friday.
Romania Adjusted Retail Sales Up 4.4% on Month in May
Romanian adjusted retail sales, excluding vehicle sales, grew 4.4% in May compared with April, while growth in unadjusted terms stood at 4%, data from the country's statistics board showed W...
Isarescu: Inflation, Key Rate Will Rise Inevitably
The central bank will not raise its benchmark interest rate unless inflation rises, which is inevitable, central bank governor Mugur Isarescu said Tuesday at the ZF Bankers Summit conference...
Romania Industrial Producer Prices Drop 0.1% on Month in May
Romania’s industrial producer price index decreased 0.1% in May compared with April, the country’s statistics board said Tuesday.
Romania Unemployment Rate Grows to 5.4% in May
Romania's seasonally adjusted unemployment rate grew 0.1 percentage point on month in May, to 5.4%, the country's statistics board said Monday.
Romanian Government to Postpone VAT Cut to 18% for 2019
Romania's government will postpone a standard value-added tax rate cut to 18% from 19% for 2019, according to the new government program to be voted upon in Parliament Thursday.
Alpha Bank Romania Executive President: "We Want Economic Growth To Achieve Wellbeing”
Romania can use all four "engines” of the economy - services, industry, constructions and agriculture, but it must focus on capital and human resources, Sergiu Oprescu, executive president o...
Romania Posts Budget Deficit of 0.27% of GDP in Jan-May
Romania's general consolidated budget posted a deficit of RON2.2 billion in January-May 2017, or 0.27% of the gross domestic product (GDP), after a surplus of 0.2% of GDP at the end of April...