Macroeconomics
Fitch Affirms Romania at 'BBB-', Revises Down Forecast For 2014 GDP Growth
Fitch Ratings affirmed Romania's long-term foreign and local currency ratings at 'BBB-' and 'BBB’, respectively, with stable outlooks, and revised down its forecast for 2014 GDP growth to 2....
Romania To Focus On Ten Economic Sectors To Increase Competitiveness By 2020 – Draft
Romania will focus by 2020 on developing ten economic sectors, among which tourism, the auto industry, information technology, energy, agriculture, textiles and the pharmaceutical industry,...
INS: Romania Average Net Wage Up 2% In July
Romanian average net salary rose 1.9% to 1,719 lei (EUR390) in July, from RON1,687 a month earlier, the statistics institute INS said Friday.
Romania 1H Net Investment Falls 9.1% To RON25.2B
Romanian first-half net investments fell 9.1% to 25.18 billion lei (EUR5.71 billion) from the year-earlier period, on declining activity in construction and machinery and equipment, the coun...
Second Quarter GDP Contraction Driven By Weak Performance In Construction, Retail
Romania’s economy contracted for the second consecutive quarter in the April-June period, driven by poor performance in constructions, industry and an unexpected fall in retail trade, offici...
Romanian Producer Prices Slightly Down In July
Romania’s industrial producer price index went down 0.1% on average in July compared with a month earlier, due to a decline of energy prices, the country’s statistics institute INS said Tues...
Romania Retail Sales Rise In July
Romanian adjusted retail sales rose 0.4% in July from the earlier month, on higher sales of food products, the statistics institute INS said Tuesday.
Romania Forex Reserves Stable At EUR30.9B In August
Romanian foreign exchange reserves stood at EUR30.87 billion at the end of August, little changed from EUR30.9 billion in July, central bank data showed Monday.
Tourist Arrivals In Romania Up 4% On Year In July
Arrivals at Romanian tourism accommodation establishments rose 3.7% in July from the year-earlier month, while overnight staying increased 4.1% on the year, data from the statistics institut...