Macroeconomics
Romania Central Bank Doesn’t Want More Rate Cuts
Romania’s central bank will try to refrain from cutting the monetary policy rate even if the inflation falls in negative territory, as the economy is expected to grow 4% this year and won’t...
Romania Ranks Last But One In EU By Consumption And GDP Per Capita
Romania is last but one among EU countries by actual individual consumption and GDP per capita in 2014, while the highest values were recorded in Luxembourg and the lowest in Bulgaria, accor...
Foreign Investment In Romania Up To EUR1.16B In First 4 Months
Romanian foreign direct investment, or FDI, rose to 1.16 billion euros in January to April, from EUR785 million in the same period of 2014, data from the central bank showed Monday.
Romania Current Account Slips To EUR27M Deficit In Jan-Apr
Romania's current account balance posted deficit of 27 million euros after the first four months, compared with EUR326 million in the same period of 2014, central bank data showed Monday.
World Bank Lifts Romania's 2015 Growth Forecast To 3%
The World Bank slightly upgraded Romania’s economic growth forecast to 3% in 2015, from 2.9% seen previously, according to the latest World Economic Prospects report released Thursday.
Romania’s Inflation Accelerates To 1.2% In May
Romanian consumer prices rose 0.5% in May from a month earlier, mainly due to rising food prices, fueling the growth of the annual inflation rate to a six-month high, official data showed Th...
Romania’s Industrial Production Up 4.1% On Year In April
Romania’s industrial production was stable in April against the previous month, but still was higher than in the same period of 2014, the country’s statistics institute INS said Thursday.
Manufacturing Industry Receives Less Orders In April Vs March
Romania’s industrial sector received less orders in April compared with the previous month, after a 10% increase in March, data released by the country’s statistics institute INS showed Wedn...
INS: Romania Industrial Sales Fall In April
Romanian industrial sales fell 7.2% in April compared with the previous month, on declines in all sectors, data released by the statistics institute INS showed Wednesday.