Macroeconomics
Romania Industry Producer Prices Down 0.2% On Month In August
Romania’s industrial producer price index inched down 0.2% in August compared with a month earlier, but were up 0.6% with the same period of 2012, the country’s statistics institute INS said...
INS: Retail Sales Slightly Higher In August
Romanian adjusted retail sales rose 0.8% on the month in August, due to higher sales of food, drink and tobacco products, the country’s statistics institute INS said Wednesday.
Romania 2014 Excise Duty Rates Computed At RON4.4485 /Euro
Romania's excise duties will be computed next year using an exchange rate of the leu of 4.4485 per euro, 1.6% lower on the year, according to data from the European Central Bank.
Intellectual Property-Intensive Industries Contribute 45% To Romania Economy
Almost half of Romania’s economic output is generated in industries that use intellectual property rights intensively, a report from the Office for Harmonization in the Internal Market, or O...
Romania Forex Reserves Rise To EUR33.1B In September
Romanian foreign exchange reserves rose to 33.09 billion euro in September, from EUR32.17 billion a month earlier, boosted by a EUR1.5 billion inflow from an Eurobond issue, central bank dat...
INS: Romania Unemployment Rate Flat At 7.5% In August
Romania's unemployment rate was stable at 7.5% in August compared with the previous month, but up from 6.9% in August 2012, seasonally adjusted data from the statistics institute INS showed...
Tourist Arrivals In Romania Up 2.7% On Year In August
Arrivals at Romanian tourism accommodation establishments rose 2.7% in August from the year-earlier month, but overnight staying declined 0.3% on the year, data from the statistics institute...
Isarescu: Banks Have No Choice But To Cut Interest Rates
Romanian central bank governor Mugur Isarescu Monday said commercial lenders “will have no choice” but to reduce lending rates following the central bank’s monetary policy decisions over the...
BNR Lowers Key Rate By 25 Bps To 4.25%
Romania’s central bank Monday cut its main monetary policy rate for the third straight meeting, shaving off 25 basis points to 4.25% a year, in line with market expectations.