Macroeconomics
Romania Economic Growth Slows To 1.3% In Second Quarter
Romania’s economic growth slowed sharply to 1.3% in the April-June period, after an annual increase of 2.2% a quarter earlier, a flash estimate of the country’s statistics institute showed W...
Eurostat: Romania June Industrial Output Rises At Fastest Pace In EU
Romania’s industrial production rose 9.6% on the year in June, the largest increase in the European Union, official data showed Tuesday.
Fiscal Council: Budget Revision Based On Overestimated Revenue
The Romanian Government’s recent announced budget revision breaks several fiscal-budgetary rules and is based on unrealistic expectations, especially overestimated revenue from the income ta...
Investments Keep Falling: FDI Down 19% To Just EUR666M In First Half
Romanian foreign direct investment, or FDI, fell 19% to EUR666 million in the first six months, from RON826 million in the year-ago period, the central bank said Monday.
Romania Posts EUR695M Current Account Surplus In January-June
Romania's current account balance posted a surplus of EUR695 million in the first six months versus a deficit of EUR2.78 billion in the year-ago period, central bank data showed Monday.
Romania Inflation Falls To 4.41% In July On Low Food Prices
Romania’s July inflation rate eased for the first time in four months on the back of declining food prices, official data showed Monday.
Romania’s Monthly Exports Seen At Around EUR4B In Next Period
Romania’s exports are expected to stabilize around EUR4 billion in the coming months, while domestic demand for foreign products is estimated to recover by the end of 2013, an official of th...
INS: First Half Adjusted Industrial Output +6% On Year
Romanian adjusted industrial production rose 6% in the first half compared with the year-earlier period, supported by higher manufacturing and mining output, the country’s statistics institu...
Romania Trade Gap Shrinks 45% In 1H; Exports Rise, Imports Fall
Romania’s trade deficit shrank 45% to EUR2.55 billion in the first six months of 2013, as imports declined while exports increased, official data showed Friday.