Macroeconomics
Romania Posts EUR102M Current Account Deficit In January-February
Romania's current account balance posted a deficit of EUR102 million in the first two months of 2014, versus surplus in the year-earlier period, due to wider income and trade deficits, centr...
Good Macroeconomic News Makes Analysts Revise GDP Growth Forecasts
The good news from most macroeconomic indicators in the first two months of the year is making analysts change their full-year gross domestic product growth forecast towards 3% to 3.5%.
Romania Inflation Eases To New Record Low Of 1.04% In March
Romanian consumer prices were roughly unchanged in March, held down by declining food prices, while the annual inflation eased for the fifth straight month to a fresh record low of 1.04%, fr...
INS: February Industrial Output -1.3% On Month, +9.1% On Year
Romanian adjusted industrial production fell 1.3% in February compared with a month earlier, but was up 9.1% from the year-ago period, the country’s statistics institute INS said Thursday.
Treasury Notes For Population, Still On Romanian Finance Ministry’s Agenda
The Finance Ministry reaffirmed in the public debt management strategy its intention to consider the opportunity of issuing “specific securities for the population”. The objective was also i...
ING Bank: BNR To Miss 2014 Inflation Target
Romania’s central bank will likely miss its inflation target for 2014 as consumer prices are expected to rise once the positive effects of the good farm output last year subside, a senior ec...
Coface Ups Romania GDP Growth Forecast To 2.3% In 2014
Coface ratings agency on Wednesday raised its growth forecast on Romania’s economy to 2.3% this year from 2.1% previously, but warned of a still fragile business environment.
Romania Power Output Down 0.1% On Year In First Two Months
Romanian energy output inched down 0.1% on the year to 3.6 million tons of oil equivalent in the first two months, held back by declining production in the wind sector, official data showed...
INS: Adjusted Construction Works Inch Higher In February
Romanian construction works advanced 0.8% in February from a month earlier, fueled by higher demand for new constructions, the statistics institute INS said Wednesday.