Macroeconomics
Romanian Consumer Prices Inch Up in December, Annual Rate at -0.9%
Romanian consumer prices rose 0.11% in December compared with November, taking the annual inflation rate to -0.9%, the country's statistics institute said Wednesday.
Romania Trade Gap Widens to EUR7.19B in Jan-Nov
Romanian imports maintained a higher growth rate than exports in January- November, widening the country's trade deficit to EUR7.19 billion, data from the country's statistics office showed...
Central Bank Governor Says Pay Raises Inevitable In Romania, But Urges Caution
Central bank governor Mugur Isarescu on Thursday said salary increases are inevitable in Romania, in the context of its European integration, but their "concubinage" with tax cuts should hav...
INS: Romania Adjusted Retail Sales Rise 2.5% in November
Romanian adjusted retail sales rose 2.5% in November compared with October, driven by higher sales of non-food items, the country’s statistics institute said Thursday.
INS: Romania Unemployment Rate at 6.7% in November 2015
Romania's seasonally adjusted unemployment rate dropped 0.1 percentage points in November 2015 compared with October, to 6.7%, the country's statistics institute said Thursday.
World Bank Revises Romania 2016 Economic Growth Forecast to 3.9% from 3.2%
The World Bank has revised its forecast for Romania's economic growth to 3.9% this year, from 3.2% seen previously, and to 4.1% in 2017, in line with European Commission and International Mo...
Romanian Cabinet Approves Minimum Wage Raise Starting May 1
Romania's government approved a raise in the minimum wage to RON1,250 from RON1,050 as of May 1, 2016, government spokesman Dan Suciu said Wednesday.
Romanian Government Plans to Raise Minimum Wage as of May 1
Romania's government has drafted a plan to raise the gross minimum wage to 1,250 lei (around EUR276) from the current RON1,050 as of May 1, 2016, following negotiations with trade unions.
Romania Posts Budget Surplus of 0.76% of GDP in Jan-Nov
Romania's consolidated budget posted a surplus of 5.3 billion lei (EUR1.17 billion) in January-November, accounting for 0.76% of gross domestic product, from a deficit of RON0.2 billion (0.0...