Macroeconomics
Romania Posts Highest GDP Growth In The EU In 1Q/2017
Romania saw the biggest economic growth rate among European Union member states, in the first quarter of 2017, compared with the previous quarter and with the same period a year before, the...
Romania GDP Grows 5.7% in 1Q
Romania's gross domestic product grew an annual 5.7% in the first quarter, a flash estimate from the country's statistics board showed Tuesday.
Public Wage Law Poses Inflation Risks, Central Bank Says
Romania's public sector wage law poses risks to annual inflation, the central bank warned in its quarterly inflation report released Monday.
Romania Posts Current Account Deficit of EUR690M in 1Q
Romania's current account balance posted a deficit of EUR690 million in the first quarter of the year, compared with a deficit of EUR314 million in the same period the year before, central b...
Romania Central Bank Lowers 2017 Inflation Forecast to 1.6%
Romania's central bank on Monday revised its year-end inflation forecast to 1.6% from 1.7% forecast before.
EC Expects Romania’s Inflation Rate To Rise Gradually, Budget Deficit To Reach 3.5% Of GDP
Romania’s inflation rate is expected to rise and the budget deficit is seen widening due to tax cuts and higher public spending and the unitary pay bill is a huge risk for fiscal estimations...
Romania, Above EU Average By Ratio Of Investment To GDP In 2016
Romania’s ratio of investment to GDP, of 22.7%, in 2016, is above the EU average, of 19.7%, with the investment level in the EU reaching EUR3,000 billion, the EU’s statistics office Eurostat...
EC Cuts Romania’s 2017 GDP Growth Forecast To 4.3%
The European Commission (EC) has revised downward its forecast on Romania’s 2017 economic growth by 0.1%, to 4.3% from 4.4%, below the Romanian Government’s projection of 5.2%, and kept its...
Romania Posts Trade Deficit of EUR2.31B in 1Q
Romania's trade balance posted a deficit of EUR2.31 billion in the first quarter, EUR361.5 million higher than in the first quarter of 2016, the country's statistics board said Wednesday.