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Romanian Industrial Output Grows 2.7% in 2015
Macroeconomics

Romanian Industrial Output Grows 2.7% in 2015

Romania’s industrial output increased 2.7% on the year in 2015, due to growth in manufacturing, the country’s statistics institute said Friday.

Oana Gavrila · 12.02.2016 · 09:33 · 1 min
Romanian Economy Grew 3.7% in 2015
Macroeconomics

Romanian Economy Grew 3.7% in 2015

Romania's gross domestic product grew 3.7% on the year in 2015, with a 3.7% growth (3.8% in seasonally adjusted data) in the last quarter compared with the last quarter of 2014, the country'...

Oana Gavrila · 12.02.2016 · 09:19 · 1 min
Romania Industrial Sales Grow 2.4% in 2015, Industry Orders Up 3.6%
Macroeconomics

Romania Industrial Sales Grow 2.4% in 2015, Industry Orders Up 3.6%

Romanian industrial sales posted an annual growth of 2.4% in nominal terms in 2015, due to a 2.7% growth in the manufacturing industry, the country's statistics office said Wednesday.

Oana Gavrila · 10.02.2016 · 09:33 · 1 min
Isarescu Warns Domestic Uncertainty Could Spike Inflation
Macroeconomics

Isarescu Warns Domestic Uncertainty Could Spike Inflation

Romania's central bank expects 2016 will be turbulent, with uncertainties that may affect inflation, with domestic pressures due to a high deficit and legislation changes, but sees balanced...

Oana Gavrila · 09.02.2016 · 14:48 · 1 min
Macroeconomics

Romanian Central Bank Governor Says New IMF Agreement Impossible in Near Future

Romania's central bank governor thinks it's impossible for the country to secure a new loan agreement with the International Monetary Fund this year or in the near future, as the balance of...

Oana Gavrila · 09.02.2016 · 14:39 · 1 min
Romanian Central Bank Revises Inflation Forecast Up to 1.4% in 2016
Macroeconomics

Romanian Central Bank Revises Inflation Forecast Up to 1.4% in 2016

Romania's central bank has revised its inflation forecast to 1.4% this year from a previous forecast of 1.1%, central bank governor Mugur Isarescu told a news conference Tuesday.

Oana Gavrila · 09.02.2016 · 11:50 · 1 min
Romania's Trade Deficit Widens 38% in 2015, to EUR8.36B
Macroeconomics

Romania's Trade Deficit Widens 38% in 2015, to EUR8.36B

Romania's trade balance posted a deficit of EUR8.36 billion in 2015, 38% higher than in 2014, the country's statistics institute said Tuesday.

Oana Gavrila · 09.02.2016 · 09:52 · 1 min
Romania Tax Revenues Up 16% On Year To RON19.25B In January
Macroeconomics

Romania Tax Revenues Up 16% On Year To RON19.25B In January

The Romanian tax authority ANAF collected total revenues of RON19.25 billion in January 2016, 14% above the planned amount and 16% higher than the RON16.59 billion collected in the same peri...

Ecaterina Craciun · 08.02.2016 · 19:24 · 1 min
Romania Net Average Salary Grows  10.2% in December
Macroeconomics

Romania Net Average Salary Grows 10.2% in December

The net average salary in Romania increased 10.2% in real terms in December compared with November, to 2,114 lei (around EUR470), due to holiday bonuses, data from the country's statistics i...

Oana Gavrila · 08.02.2016 · 09:22 · 1 min