Macroeconomics
Romanian Consumer Prices Drop Further, Annual Inflation at -3.3% in April
Romanian consumer prices declined further in April compared with March, taking the annual rate to -3.3% from -3 in March, the country's statistics board said Thursday.
EBRD Raises Romania 2016 Economic Growth Forecast to 4% from 3.7%
The European Bank for Reconstruction and Development (EBRD) said Wednesday it has revised upwards its economic growth projection for Romania in 2016 to 4% from a previously estimated 3.7%.
Romania Earmarks EUR145M For Investments In Economy
The Romanian Government increased by 50% the annual maximum budget for stimulating investments in economy, from EUR100 million to EUR145 million, following a legislative amendment.
Romania Central Bank Lowers Inflation Forecast to 0.6% This Year, 2.7% in 2017
Romania's central bank has revised down its inflation forecast for this year, to 0.6%, from a previous estimate of 1.4%, and to 2.7% in 2017, from a previous estimate of 3.4%.
Central Bank Governor: VAT Cuts Affect More Than 80% of Consumer Basket
Successive cuts in the value-added tax affect more than 80% of the consumer basket and the most recent VAT cut in January targeted about half of the consumer basket, central bank governor Mu...
Romania Trade Deficit Widens to EUR1.96B in 1Q
Romania's trade balance posted a deficit of EUR1.96 billion in the first quarter, EUR589.3 million higher than in the first quarter of 2015, the country's statistics board said Tuesday.
Net Average Salary in Romania Rises 5.2% in March
The average net salary in Romania increased 5.2% in March compared with February, to 2,051 lei (around EUR455), data from the statistics office showed Monday.
Romania Adjusted Retail Sales Up 0.5% on Month in March
Romanian adjusted retail sales, excluding vehicle sales, grew 0.5% in March compared with February and were 11.9% higher in unadjusted data, the country's statistics institute said Wednesday...
Romania Unemployment Rate at 6.4% in March
Romania's seasonally adjusted unemployment rate stood at 6.4% in March, down from 6.5% in February, the country's statistics board said Friday.