Macroeconomics
Romania’s Paradox: Exceptional Macroeconomic Indicators, Low Demand - Budget Minister
Romania’s new paradox is that despite the exceptional evolution of macroeconomic indicators, the low demand still is a big issue for the economy, triggering a growth beyond its potential, Mi...
Average Net Salary Went Up 2% In November To RON1,650
Romanian average net salary edged up 2.2% to 1,650 lei (around EUR360) in November, from RON1,615 a month earlier, the statistics institute INS said Monday.
Romania Inflation Falls to Post-communist Era Low Of 1.55% in 2013
Romania’s inflation fell to 1.55% in 2013, the lowest level in more than 20 years, mainly due to a bumper farming output amid still subdued demand.
INS: Romania Construction Works Fall In November
Romanian construction works fell 4.8% in November 2013 from a month earlier, due to declining activity in new buildings, the statistics institute INS said Monday.
INS: Romania's Industrial Production Up 10% On Year In November 2013
Romanian adjusted industrial production was flat in November last year compared with a month earlier, but 9.9% higher than in the same period of 2012, the country’s statistics institute INS...
Romania 3Q GDP Growth Kept At 4.1% YoY, On Sound Farming, Industry Activity
Romanian economy expanded 4.1% in the third quarter from the year-ago period, in line with previous estimations, supported by a strong farming output and solid activity in industry, the coun...
Romania Power Output Falls 6.4% On Year In First 11 Months of 2013
Romanian energy output fell 6.4% on the year to 19.57 million tons of oil equivalent in the first 11 months of 2013, on the back of a two-digit decline in the thermal sector, official data s...
Agriculture Contributes Record High Of EUR18.5B To Romania’s Economy In 2013
The farming sector contributed EUR18.5 billion to Romania’s economy last year, an all-time high and 28% more than in 2012, according to the latest Eurostat data.
November Industrial New Orders -10.2% On Month, +2.2% On Year
Romanian industrial new orders fell 10.2% on the month in November 2013, due to lower demand in most sectors, but were higher than in the same period a year before, the statistics institute...