Macroeconomics
Romania Economy Grew At Better-Than-Expected 3.5% Rate In 2013
Romania’s economy grew faster than expected in 2013, fueled by a bumper harvest, growing exports and recovering activity in industry.
INS: Adjusted Construction Works Down 1.6% On Year In 2013
Romanian construction works slid 1.6% on the year in 2013, hit by a two-digit decline in new constructions, the statistics institute INS said Thursday.
Isarescu: Controlled Floating Includes Finance Ministry’s FX Sales
Romanian central bank governor Mugur Isarescu on Wednesday reiterated the local money market has a controlled floating exchange rate system, which allows the institution to sell or purchase...
Foreign Investments Reach Four-Year High Of EUR2.7B In 2013
Romanian foreign direct investment, or FDI, rose 26.7% on the year to EUR2.72 billion in 2013, the highest level in four years, the central bank said Wednesday.
Romania 2013 Current Account Gap Narrows To EUR1.5B
Romania's current account deficit narrowed sharply to EUR1.5 billion in 2013, from a gap of EUR5.84 billion a year earlier, largely due to a smaller imbalance of the trade deficit, central b...
Inflation Hits New Post Communist Low Of 1.1% In January
Romanian consumer prices rose 0.85% on the month in January, but the annual inflation eased for the third consecutive month to 1.06%, a fresh record low since at least 1990, official data sh...
Romania Adjusted Industrial Output Rises 7.1% In 2013
Romanian adjusted industrial production rose 7.1% in 2013 from a year earlier, on higher output in most sectors, the country’s statistics institute INS said Wednesday.
Largest 100 Exporters Account For Half Of Romania’s Exports
The largest 100 exporters account for half of Romania’s total exports or EUR25 billion and 60 major exporters are also among the top 100 importers.
INS: Romania’s Power Output Falls 6.2% In 2013; Consumption Down 6%
Romanian energy output fell 6.2% on the year to 21.34 million tons of oil equivalent in 2013, on the back of a two-digit decline of the thermal power production.