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Macroeconomics

Romania GDP Grows 4.3% in First Quarter

Romania’s gross domestic product rose 4.3% on the year in real terms in the first quarter and 4.1% in seasonally adjusted data, the country's statistics board said Friday.

Oana Gavrila · 08.07.2016 · 09:14 · 1 min
Unicredit Bank: Romania’s GDP Growth To Accelerate To 4.1% In 2016, But It May Slow Down In 2017
Macroeconomics

Unicredit Bank: Romania’s GDP Growth To Accelerate To 4.1% In 2016, But It May Slow Down In 2017

Romania’s economic growth will accelerate to 4.1% in 2016, but is likely to slow down to 3.1% in 2017, due, among others, to the dependence on imports and a slowdown in exports generated by...

Ecaterina Craciun · 07.07.2016 · 15:43 · 1 min
Romania Average Net Salary Down 1.1% on Month in May
Macroeconomics

Romania Average Net Salary Down 1.1% on Month in May

The net average salary in Romania declined 1.1% in May compare with April, to 2,063 lei (EUR456) due to seasonal bonuses granted in April for Easter, data from the country's statistics insti...

Oana Gavrila · 07.07.2016 · 09:22 · 1 min
Ten Counties Generate Two Thirds Of Romania’s Exports
Macroeconomics

Ten Counties Generate Two Thirds Of Romania’s Exports

Ten counties account for two thirds of Romania’s exports, as the plants there, especially those working for the automotive industry, shipped EUR36 billion worth of goods (67% of the total) a...

Loredana Frățilă-Cristescu · 06.07.2016 · 10:00 · 1 min
Isarescu: Although It May Seem Paradoxical, Moderate Economic Growth Is Preferable
Macroeconomics

Isarescu: Although It May Seem Paradoxical, Moderate Economic Growth Is Preferable

Romanian central bank governor Mugur Isarescu on Tuesday said "not any economic growth brings long-term development to the country and when the objective of achieving high growth rates is tr...

Ecaterina Craciun · 05.07.2016 · 16:14 · 1 min
Romania Adjusted Retail Sales Down 1.6% on Month in May
Macroeconomics

Romania Adjusted Retail Sales Down 1.6% on Month in May

Romanian adjusted retail sales, excluding vehicle sales, declined 1.6% in May compared with April, and were 4.7% lower on the month in unadjusted terms, the country's statistics institute sa...

Oana Gavrila · 05.07.2016 · 09:21 · 1 min
Romanian Industrial Producer Prices Up 0.3% on Month in May
Macroeconomics

Romanian Industrial Producer Prices Up 0.3% on Month in May

Romania’s industrial producer price index increased 0.3% in May compared with April, after a stagnation in April, the country’s statistics board said Monday.

Oana Gavrila · 04.07.2016 · 09:52 · 1 min
Macroeconomics

Romania Unemployment Rate at 6.6% in 1Q

Romania's unemployment rate stood at 6.6% in the first quarter of 2016, unchanged from the fourth quarter of 2015, the country's statistics board said Thursday.

Oana Gavrila · 30.06.2016 · 09:37 · 1 min
Macroeconomics · ZF Bankers Summit

Olteanu, BNR: Brexit To Have Limited Consequences On Romania

On the long term, Europe should redefine itself as it has lost an important part of the economic power, the geopolitical one, it lost an important partner by Great Britain’s decision to leav...

Gabriela Stan · 28.06.2016 · 12:49 · 1 min