Macroeconomics
Romania’s Construction Works Up In June; 1H Output Rises 10.9%
Romania’s construction sector stayed on a positive trend in June, concluding the best half for the industry in recent years.
ING Bank: Large Wage Increases May Affect Exporters And Romanian Leu
Large wage increases, such as the planned hike in the minimum wage as of January 2016, make exporters vulnerable by reducing competitiveness on external markets and may have a negative impac...
Romania Consumer Prices Extend Decline In July; Annual Inflation At -1.7%
Romanian consumer prices extended their decline in July, after a major cut in the month before provoked by the reduction of the value added tax rate for food products.
Romania's Power Output Up 1.6% In First Half
Romanian electricity output rose 1.6% on the year to 31.48 billion kilowatt-hours in the first six months of 2015, fueled by higher production of renewable energy, official data showed Tuesd...
INS: Romania’s Industrial Production Rises 3.1% In First Half
Romania’s industrial production rose 3.1% in the first half against the same period of 2014, due to higher output in the manufacturing sector, the country’s statistics institute INS said Tue...
Romanian Businessmen Association Endorses Tax Cuts, But Opposes Increase In Public Sector Wages
The Romanian Businessmen Association, or AOAR, on Monday said it still supports the lowering of taxes, even gradually, as an attempt to return to the situation in 2010 when this measure was...
Romania Trade Deficit Widens To EUR3.3B In First Half
Romania’s imports grew more quickly than exports in the first half of the year and the country’s trade deficit widened to 3.29 billion euros, the statistics office INS said Monday.
INS: Romania Industrial Sales Rise 1.9% In First Half
Romanian industrial sales rose 1.9% in the first six months of the year compared with same period of 2014, supported by the manufacturing industry performance, data released by the statistic...
Manufacturing Industry In Romania Received 2.4% More Orders In First 6 Months
Romania’s industrial sector received more orders in the first half of the year compared with the same period of 2014, after a recovery in June, data released by the country’s statistics inst...