Macroeconomics
Romania 1Q Industrial Sales Up 4.8% On Year
Romanian industrial sales rose 4.8% on the year in the first quarter, fueled by higher sales in the manufacturing sector, the country’s statistics institute INS said Monday.
INS: Adjusted Construction Works Down 5.1% On Year In 1Q
Romanian construction works fell 5.1% in the first three months of 2013 from the year-earlier period, due to a 13.5% drop in new constructions, the statistics institute INS said Monday.
EBRD Sees 2.2% GDP Growth In Romania In 2014
Romania’s economic growth is likely to accelerate to 2.2% in 2014, after an increase of 1.4% predicted this year, the European Bank for Reconstruction and Development said in a report Friday...
Trade Deficit Shrinks In 1Q As Exports Rise, Imports Fall
Romania’s trade deficit narrowed 37.6% on the year to EUR1.07 billion in the first quarter, reflecting a pickup in foreign demand and a downfall in imports, the country’s statistics institut...
INS: Romania's Power Output Down 7.7% On Year In January-March
Romanian energy output fell 7.7% on the year to 5.44 million tons of oil equivalent in the first quarter, hurt by falling production in the thermal and nuclear sectors, official data showed...
Romania Inflation Rises To 5.29% In April
Romania’s inflation rose slightly to 5.29% in April from 5.25% a month earlier, largely driven by higher prices in the non-food sector, official data showed Friday.
S&P Affirms Romania Ratings At 'BB+/B' With Stable Outlook
Standard & Poor's Ratings Services Thursday affirmed its 'BB+/B' long- and short-term foreign and local currency sovereign credit ratings on Romania, with stable outlook.
ANOFM: Romania Jobless Rate Dips To 5.29% In April
Romania's unemployment rate inched down to 5.29% in April, from 5.58% a month earlier, the country’s employment agency ANOFM said Thursday.
Isarescu: Romanian Economy Could Grow More Than Projected In 2013
A good farm output could boost Romanian economic growth above the central bank’s forecast of 1.5%-1.6% in 2013, the bank’s governor Mugur Isarescu said Wednesday.