Macroeconomics
UniCredit: Growth Engine Of Romanian Economy To Slow Down In 2017
The growth engine of the Romanian economy will slow down in 2017 on the backdrop of lower consumption and retail sales and lower industrial activity, following reduced external demand, accor...
World Bank: Approaching Elections Increase Risk Of Further Ad Hoc Spending In Romania
World Bank warns that the approaching general elections in December 2016 increase the risk of further ad hoc spending and slowdown in the implementation of structural reforms in Romania, thu...
Romania Posts 4.4% Annual GDP Growth in 3Q
Romania's gross domestic product grew an annual 4.4% in unadjusted terms in the third quarter and 4.6% in seasonally adjusted terms, data from the country's statistics board showed Tuesday.
Foreign Direct Investment In Romania Reaches EUR3.1B In January-September
Romanian foreign direct investment, or FDI, amounted to EUR3.143 billion in January-September, up 11.2% versus the year-earlier period, central bank data showed Monday.
Romanian Central Bank Tweaks 2017 Inflation Forecast to 2.1%
Romania's central bank has revised up the inflation forecast for next year by 0.1 points, to 2.1%, but kept this year's projection unchanged at -0.4%, governor Mugur Isarescu told a news con...
Romania Trade Deficit Widens to EUR6.93B in January-September
Romania's trade balance posted a deficit of EUR6.93 billion in January-September, EUR1.39 billion higher than in the same period last year, the country's statistics board said Wednesday.
Romania Adjusted Retail Sales Grow 0.1% on Month in September
Romanian adjusted retail sales, excluding vehicle sales, grew a slight 0.1% in September compared with August but declined 3.3% in unadjusted data, the country's statistics institute said Mo...
Romania Average Net Salary Grows 0.9% in September
The net average salary in Romania increased 0.9% in September compared with August, to 2,094 lei (around EUR465), data from the country's statistics institute showed Monday.
Romania Central Bank Expects Inflation to Stay Negative until December
Romania's central bank expects inflation to remain in negative territory until December, the bank said in a statement Friday.