Macroeconomics
Romania Inflation Eases Marginally In February
Romania’s inflation rate eased marginally to 1.05% at the end of February, reflecting a 2.2% annual drop in food prices, official data showed Tuesday.
Romania Adjusted Industrial Output Rises 2.3% In January
Romanian adjusted industrial production rose 2.3% in January compared with a month earlier, on higher manufacturing output, the country’s statistics institute INS said Tuesday.
INS: Power Output Falls 6.1% On Year In January
Romanian energy output fell 6.1% on the year to 1.85 million tons of oil equivalent in January, largely due to a 27.2% decline in net coal production, the statistics institute INS said Tuesd...
BCR: Ukraine Default To Have Limited Impact On Romania’s Economy
Romania’s economy is unlikely to experience significant difficulties following a potential debt payment default in Ukraine or commercial sanctions on Russia, according to estimates from lend...
INS: Romania Industrial Sales Down 2.3% On Month In January
Romanian industrial sales fell 2.3% in January from the previous month, but were up 12.2% compared with the year-earlier period, the country’s statistics institute INS said Monday.
Industrial New Orders -1.1% On Month In January
Romanian industrial new orders fell 1.1% on the month in January, due to lower demand in the capital goods sector, the statistics institute INS said Monday.
Ponta Opts For Lower VAT On Vegetables And Fruit
Prime Minister Victor Ponta said he would rather have the sales tax lowered to 9% for fruit and vegetables, because this sector is highly prone to tax evasion and unfair competition between...
Romania's Return To 19% VAT Conditioned By Over 3% GDP Growth, PM Says
Prime Minister Victor Ponta said Romania can return to a 19% sales tax provided its economy keeps last year’s growth rate of over 3%.
Fitch Affirms Romania At BBB-, With Stable Outlook
Fitch Ratings Friday affirmed Romania's long-term foreign and local currency ratings at 'BBB-' and 'BBB’, respectively, citing the country’s strong economic growth and its resilience to rece...