Macroeconomics
World Bank Cuts Romania’s 2015 GDP Growth Forecast To 2.9%
The World Bank estimates Romania’s economy will grow 2.9% in 2015, a downward revision from its previous forecast, but is expected to accelerate to 3.2% next year.
Industrial Production Loses Steam In November
Romanian adjusted industrial production went down 0.8% in November compared with the previous month, on lower output in most sectors, the country’s statistics institute INS said Wednesday.
Romania's Power Output Rose 0.6% In January-November 2014
Romanian energy output rose 0.6% on the year to 20 million tons of oil equivalent in the first eleven months of 2014, fueled by higher production in most sectors, official data showed Wednes...
Romania 3Q GDP Growth Revised Slightly Up
Romania’s gross domestic product grew 3.3% in the third quarter of 2014 compared with the year-earlier period, revised data from the country’s statistics office INS showed Wednesday.
Foreign Investments Down To EUR2.1B In First 11 Months, Despite High In November
Romanian foreign direct investment, or FDI, stood at EUR2.12 billion after the first 11 months of 2014, after a high inflow in November, data from the central bank showed Tuesday.
Romania Current Account Deficit Narrows To EUR302M In January-November
Romania's current account balance posted a deficit of EUR302 million in the first eleven months of 2014, compared with EUR801 million in the year-earlier period, mainly due to a wider servic...
INS: Romania’s Construction Output Rises In November
Romania’s construction output surprisingly rose in November compared with the previous month, but it still stayed lower against the same period of last year, official data showed Tuesday.
INS: Romania Industrial New Orders Down In November
Romanian industrial new orders fell in November for the second consecutive month, the country’s statistics institute INS said Tuesday.
Romania Industrial Sales Fall In November
Romanian industrial sales went down 5.9% in November, after a minor increase in the previous month, data released by the statistics institute INS showed Tuesday.