Macroeconomics
Romania Average Net Wage Slides 3.1% In May
Romanian average net salary fell 3.1% to 1,682 lei (EUR383.2) in May, from RON1,735 a month earlier, the statistics institute INS said Monday.
INS: Romania Industrial Sales Rise 2.7% On Month In May
Romanian industrial sales rose in May from a month earlier, boosted by higher demand in all sectors, the country’s statistics institute INS said Monday.
Romania Economy Grew Slightly Faster Than First Thought In 1Q
The Romanian economy expanded at a slightly faster pace than previously estimated in the first quarter, largely driven by higher exports and improved contribution from value added tax collec...
Producer Prices Fall 0.3% On Month, But Rise 0.8% On Year
Romania’s industrial producer price index inched down 0.3% on average in May compared with a month earlier, on lower prices in most sectors, the country’s statistics institute INS said Wedne...
BNR Cuts Forex Reserve Requirements, But Keeps Key Rate Steady At 3.5%
Romania’s central bank on Tuesday held its key lending rate unchanged at 3.5% for the third consecutive meeting, in line with market expectations, but lowered the reserve requirements for fo...
Tourist Arrivals In Romania Up 10% On Year In May
Arrivals at Romanian tourism accommodation establishments rose 9.8% in May from the year-earlier month, while overnight staying increased 12.6% on the year, data from the statistics institut...
INS: Romania Unemployment Rate Inches Higher To 7.3% In May
Romania's unemployment rate inched up to 7.3% in May, from 7.1% in the previous month, seasonally adjusted data from the statistics institute INS showed Tuesday.
INS: Romania Housing Permits Up 6.3% On Month To 3,586 In May
Romanian housing permits rose 6.3% to 3,586 units in May, from 3,372 units a month earlier, the country’s statistics institute INS said Monday.
Romania Executives Expect Growth In All Sectors Over Summer
Executives in Romania expect activity in all economic sectors to continue to grow in the June-August period compared with the previous three months, the statistics institute INS said in a su...