Macroeconomics
World Bank Raises Romania's 2013 GDP Growth Forecast To 1.7% In 2013
The World Bank forecasts Romania’s gross domestic product will increase 1.7% in 2013, followed by a 2.2% growth next year, according to the bank’s Global Economic Prospects report published...
100 Largest Importers In Romania Account For 40% Of Total Imports
The 100 largest importers account for almost 40% of the total imports or more than EUR21 billion euros, according to the National Statistics Institute.
INS: Adjusted Industrial Output Up 1.9% In April
Romanian adjusted industrial production rose 1.9% in April compared with a month earlier, on higher output in the manufacturing and mining sectors, the country’s statistics institute INS sai...
Romania Inflation Rises For Second Month In May, To 5.32%
Romania’s annual inflation rate accelerated for the second consecutive month in May, largely reflecting a hike in food prices, official data showed Tuesday.
INS: Adjusted Construction Works Down 3.7% On Month In April
Romanian construction works slid 3.7% in April from a month earlier, on falling activity in most sectors, the statistics institute INS said Monday.
Romania January-April Trade Deficit Shrinks To EUR1.67B
Romania’s trade deficit narrowed 37.7% on the year to EUR1.67 billion in the first four months, largely reflecting a 7.2% increase in foreign demand, the country’s statistics institute INS s...
ANOFM Puts Romania's Jobless Rate At 5% In May
Romania's unemployment rate edged down to 5.03% in May, from 5.29% a month earlier, the country’s employment agency ANOFM said Friday.
Romania Shadow Economy At 30% Of GDP – IEA Report
Black market activity in Romania is equivalent to almost one third of the country’s gross domestic product, the second-highest level in the European Union, according to a study by the Instit...
Guillermo Tolosa Named IMF Resident Representative In Romania, Bulgaria
The International Monetary Fund has appointed Guillermo Tolosa as the institution’s new resident representative in Romania and Bulgaria, effective July 1.