Macroeconomics
Isarescu: No Negative Impact On Wheat Production, But Corn, Potato And Sunflower See ‘Large’ Decline
Romania’s wheat production will not see a decline this year, but the corn, potato and sunflower production sees a "substantial" decrease, Romanian central bank governor Mugur Isarescu said T...
Romania’s Central Bank Sees 2015 Annual Inflation At -0.3%
Romania’s central bank cut down its inflation forecast for the end of 2015 to minus 0.3%, as it predicts the annual inflation rate will stay in negative territory over the next three quarter...
Average Net Salary In Romania Inches Up In June
The average salary in Romania rose 0.7% in June to 1,818 lei (around 400 euros) from RON1,806 in the previous month, data from the statistics office showed Thursday.
Romania Not Threatened By Deflation, Central Bank Head Says
Romania’s economy is not threatened by deflation, despite expectations of a negative inflation rate over the next three quarters, as consumption is increasing while new wage increase may eve...
BNR Sees Inflation In Negative Territory For Next 3 Quarters
Romania’s central bank cut its forecast on the inflation rate from “close to zero” to staying in negative territory over the next three quarters.
VAT Cash-Ins Up Only 1% In July
Romania’s cash-ins from value-added tax VAT was up 15.5% in January to July, at 34 billion lei, after the VAT rate was lowered to 9% on food as of June 1st, according to the Tax Authority AN...
A Critical Decision
By Andrea Schaechter, IMF mission chief for Romania, and Guillermo Tolosa, IMF resident representative for Bulgaria and Romania.
Romania Central Bank Keeps Key Rate Unchanged At 1.75%
The Romanian central bank Tuesday kept its main monetary policy lending rate unchanged at 1.75% per year in a widely expected move, as policymakers still expect the final version of the fisc...
INS: Romanian Industrial Producer Prices Up 0.3% In June
Romania’s industrial producer price index went up 0.3% in June, after a 0.2% decline in the previous month, the country’s statistics institute INS said Tuesday.