Macroeconomics
Romania’s Economy In Recession After 1% Decline In Second Quarter
The Romanian economy is in recession after a second consecutive quarter of decline, a flash estimate from the country's statistics institute INS showed Thursday.
Romania FDI Falls 10.3% To EUR1.2B In January-June
Romanian foreign direct investment, or FDI, fell 10.3% to EUR1.19 billion in the first half of the year, the central bank said Wednesday.
Romania Posts EUR878M Current Account Deficit In January-June
Romania's current account balance posted a deficit of EUR878 million in the first six months of 2014, versus surplus a year earlier, mainly due to a wider income deficit, central bank data s...
Romanians Spent More Than EUR1B On Houses In 2013
Almost 36,000 houses up to two-story tall were built in Romania last year, following investments estimated at more than EUR1 billion, while only 4,500 apartments in apartment buildings at le...
Romania January-June Power Output Up 0.3% On Year
Romanian energy output edged up 0.3% on the year to 10.82 million tons of oil equivalent in the first half of 2014, fueled by higher production in most sectors, official data showed Monday.
Romania Trade Gap Widens To EUR2.83B In January-June
Romania’s trade deficit widened to EUR2.83 billion in the first six months of 2014, from EUR2.53 billion a year earlier, the country’s statistics institute INS said Monday.
INS: Industrial Output Rises 10.4% On Year In First Half
Romanian adjusted industrial production rose 10.4% in the first half from the year-ago period, fueled by higher output in the manufacturing sector, the country’s statistics institute INS sai...
Romania Inflation Rate Rises To 0.95% In July
Romanian consumer prices inched down 0.1% in July from a month earlier, reflecting lower food prices, but the annual inflation accelerated to 0.95%, ending a two-month period of decline, off...
INS: Romania’s Construction Output Declines 9.4% in 1H
Romanian construction output declined in the first half as the sector is still unable to exit recession, due to lack of financing and investors’ reluctance to start new projects.