Macroeconomics
Romania 2016 Budget Targets Deficit of 2.8% of GDP
Romania's 2016 state budget draft considers a deficit of 2.8% of gross domestic product, within the EU limit of 3%, to accommodate tax cuts and wage raises passed by the previous government.
Romania's GDP Grows 3.7% in First 9 Months
Romania's gross domestic product grew 3.7% on the year in the first nine months, to nearly 498.5 billion lei (EUR111.77 billion), the country's statistics institute said Friday.
Net Investment in Romania Up 4.5% in Jan-Sept
Net investment in the Romanian economy grew grew 4.5% in January-September compared with the same period last year, to 44.5 billion lei (EUR9.97 billion), driven by construction works and ma...
INS: Tourist Arrivals in Romania Up 16.9% in Jan-Oct
Arrivals at Romanian tourist accommodation establishments grew 16.9% in January-October compared with the same period last year, and overnight stays grew 15.7%, the statistics institute INS...
INS: Romania Adjusted Retail Sales Rise 0.7% in October
Romanian adjusted retail sales rose 0.7% in October compared with September, driven by growth in fuel sales, the country’s statistics institute INS said Thursday.
Romanian Execs Expect Relatively Stable Prices In All Sectors in Nov '15-Jan '16
Romanian business executives expect relatively stable prices across all sectors in November 2015-January 2016, moderate growth in services and a downward trend in constructions, the statisti...
INS: Romanian Industrial Producer Prices Decline 0.2% in October
Romania’s industrial producer price index declined by 0.2% on the month in October, after a 0.3% decline in September, the country’s statistics institute INS said Wednesday.
INS: Romania Housing Permits Rise 3.9% in Jan-Oct
Romania issued 33,547 housing construction permits in January- October, 3.9% more than in the same period last year, the statistics institute INS said Friday.
INS: Romania Unemployment Rate Flat at 6.8% in October
Romania's seasonally adjusted unemployment rate remained unchanged in October compared with September, at 6.8%, the country's statistics institute said Friday.