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Romania GDP Grows 5.2% in First Half
Macroeconomics

Romania GDP Grows 5.2% in First Half

Romania’s gross domestic product rose 5.2% on the year in the first half in unadjusted terms and 5% in seasonally adjusted data, the statistics board said in a flash estimate Friday.

Oana Gavrila · 12.08.2016 · 09:48 · 1 min
Romania Industrial Output Up 2.1% on Month in July
Macroeconomics

Romania Industrial Output Up 2.1% on Month in July

Romania's seasonally adjusted industrial output increased 2.1% in July compared with June, the country's statistics board said Thursday.

Oana Gavrila · 11.08.2016 · 09:22 · 1 min
Macroeconomics

Romania Annual Inflation at -0.8% in July

Romanian consumer prices dropped 0.24% in July compared with June, taking the annual inflation rate to -0.8% from -0.7% in June, the country's statistics board said Wednesday.

Oana Gavrila · 10.08.2016 · 09:33 · 1 min
Romania Trade Deficit Widens to EUR4.46B in 1H
Macroeconomics

Romania Trade Deficit Widens to EUR4.46B in 1H

Romania's trade balance posted a deficit of EUR4.46 billion in the first half of the year, EUR1.17 billion higher than in the same period last year, the country's statistics board said Tuesd...

Oana Gavrila · 09.08.2016 · 09:37 · 1 min
Macroeconomics

Central Bank Revises Inflation Down to -0.4% in 2016, 2% in 2017

Romania's central bank has revised its inflation forecast to -0.4% this year from a previous projection of 0.6%, central bank governor Mugur Isarescu told a news conference Monday.

Oana Gavrila · 08.08.2016 · 13:03 · 1 min
Romania Average Net Salary Up 0.7% on Month in June
Macroeconomics

Romania Average Net Salary Up 0.7% on Month in June

The net average salary in Romania increased 0.7% in June compared with May, to 2,078 lei (around EUR467) data from the country's statistics institute showed Monday.

Oana Gavrila · 08.08.2016 · 09:16 · 1 min
Garanti Bank Keeps Romania GDP Growth Forecast At 3.7% In 2016
Banks-Insurance

Garanti Bank Keeps Romania GDP Growth Forecast At 3.7% In 2016

Garanti Bank maintains its forecast on Romania’s economic growth at 3.7% in 2016 and estimates a similar evolution for 2017, according to the bank’s macroeconomic report for the second quart...

Gabriela Stan · 04.08.2016 · 14:17 · 1 min
Government To Adopt Budget Revision On August 10
Social/Politics

Government To Adopt Budget Revision On August 10

The Romanian government will adopt the budget revision in the government session on August 10; meanwhile it is opened to public debate on the website of the Finance Ministry, government spok...

Gabriela Stan · 03.08.2016 · 18:42 · 1 min
Romanian Industrial Producer Prices Up 0.7% On Month In June
Macroeconomics

Romanian Industrial Producer Prices Up 0.7% On Month In June

Romania’s industrial producer price index increased 0.7% in June compared with May, after a 0.4% increase in May, the country’s statistics board said Tuesday.

Gabriela Stan · 02.08.2016 · 10:29 · 1 min