Macroeconomics
Romania Posts Current Account Deficit of EUR2.11B in Jan-Aug
Romania's current account balance posted a deficit of EUR2.11 billion in January-August, compared with EUR939 million in the same period a year ago, central bank data showed Friday.
Romania Annual Inflation Reaches -0.6% in September
Romania's consumer price index reached an annual rate of -0.6% in September from -0.2% in August, the country's statistics institute said Tuesday.
Romania Trade Deficit Widens to EUR6.13B in Jan-Aug
Romania's trade balance posted a deficit of EUR6.13 billion in January-August, EUR1.3 billion higher than in the same period last year, the country's statistics board said Monday.
BNR: Romania's Economy Boosted By Higher Income And Investments, Lower Taxes
Economic growth was mainly supported by consumer demand, boosted by higher household income and fiscal measures, according to the minutes of the monetary policy meeting of the National Bank...
Romania Average Net Salary Down 0.1% in August
The net average salary in Romania declined a slight 0.1% in August compared with July, to 2,076 lei (around EUR464) data from the country's statistics institute showed Friday.
FIC: EU Funds Are Not Enough To Cover Costs Of Transport Master Plan
European funds available, even with an absorption rate of 100%, are not enough to cover the costs of implementing the Transport Infrastructure Master Plan, Foreign Investors Council (FIC) sa...
IMF Sees Romania’s GDP Growth At 5% In 2016 And 3.8% In 2017
The International Monetary Fund (IMF) estimates Romania’s economy will increase by 5% in 2016 and by 3.8% in 2017, according to the World Economic Outlook report published on Tuesday October...
Romanian Industrial Producer Prices Fall 0.3% on Month in August
Romania’s industrial producer price index declined 0.3% in August compared with July, after a 0.5% monthly slump in July, the country’s statistics board said Tuesday.
Financial, Real Estate, Trade Sectors Attracted Bulk Of FDI In 2015
The bulk of foreign direct investments (FDI) in 2015 went to financial brokerage (13.1% of the total), followed by trade and real estate transactions (12.2% each), according to a statistical...