Macroeconomics
Average Net Salary In Romania Rose 6% In 2014
The average salary in Romania rose by 6% over the course of 2014, a 5.1% growth in real terms, data from the statistics bureau showed Friday.
EC Revises Up Romania’s GDP Growth Forecast To 2.7% In 2015
The European Commission expects Romania’s economy to grow by 2.7% in 2015, from 2.4% previously estimated, powered by domestic demand and supported by the recovery of the global economy, acc...
BNR Cuts Again Its View On Inflation To 2.1% In 2015
Romania’s central bank has lowered again its year-end projection of the inflation rate to 2.1% in 2015, from 2.2% seen previously, governor Mugur Isarescu told a news briefing Wednesday.
Romania Central Bank Cuts Key Rate By 25 Bps To 2.25%
Romania’s central bank on Wednesday lowered its main monetary policy rate by 25 basis points to a new record low of 2.25%, in a largely expected move as the bank sees the inflation staying w...
Tourist Arrivals In Romania Up 6.6% In 2014
Arrivals at Romanian tourism accommodation establishments rose 6.6% in 2014 compared with the previous year, while overnight staying increased 4.8% on the year, data from the statistics inst...
INS: Romanian Industrial Producer Prices Fell 1.1% In December
Romania’s industrial producer price index fell 1.1% in December, after a 0.1% decline in the previous month, the country’s statistics institute INS said Tuesday.
Retail Sales In Romania Rose 7% In 2014
Domestic consumption in Romania confirmed its recovery last year, supporting the economic growth while investments were on a downward path, and sales in the retail sector were higher compare...
Romania Forex Reserves Down By EUR1.6B To EUR30.6B In January
Romanian foreign exchange reserves fell by 1.62 billion euros to EUR30.59 billion in January, due to payments made for loans taken from the International Monetary Fund and the European Union...
Swiss Franc Loan Conversion Talks Could Lead To Higher Borrowing Costs For Romania, Isarescu Says
Discussions about the conversion of Swiss franc loans at lower exchange rates could hurt Romania’s chances to get reduced costs at its next Eurobond issue, central bank governor Mugur Isares...