Macroeconomics
INS: Average Net Wage Falls 7.7% In January
Romanian average net salary fell 7.7% to 1,625 lei (EUR361.2) in January, from RON1,760 a month earlier, when monthly income was largely supplemented by one-time bonuses, the statistics inst...
Basescu Signs Memorandum For IMF Deal
Romanian President Traian Basescu Wednesday said he approved the memorandum concerning a EUR4 billion loan program with the International Monetary Fund (IMF) and the European Union (EU).
INS: Romania Housing Construction Down 6% In 2013
Romanian housing construction fell 5.8% to 40,071 units in 2013, from 42,566 in the previous year, official data showed Wednesday.
Romania Net Investment Down 9% To RON67.8B In 2013
Romanian net investment fell 9.3% on the year to 67.86 billion lei (EUR15 billion) in 2013, on declining activity in most sectors, the country’s statistics institute INS said Wednesday.
Industry, Agriculture Fueled Romania’s GDP Growth 3.5% In 2013
An 8% increase in industrial output and a bumper harvest helped Romania’s economy grow in 2013 at the faster pace in five years, surpassing every expectations.
INS: Romania Industry Producer Prices Stay Flat In January
Romania’s industrial producer price index stayed flat in January, after a modest increase in December, official data showed Tuesday.
Consumption Revival in Romania? Retail Sales Rise In January
Romanian adjusted retail sales rose 2.4% in January compared to the previous month, due to higher sales in all sectors, the statistics institute INS said Tuesday.
Romania February Forex Reserves Fall To EUR31.6B
Romanian foreign exchange reserves fell to EUR31.65 billion in February, from EUR32.91 billion a month earlier, central bank data showed Monday.
Tourist Arrivals In Romania Down 0.4% On Year In January
Arrivals at Romanian tourism accommodation establishments inched down 0.4% in January from the year-earlier month, while overnight staying fell 2.3% on the year, data from the statistics ins...