Macroeconomics
Average Salary Slightly Higher in February
Romanian average net salary rose 0.3% to 1,553 lei (EUR351) in February from RON1,548 a month earlier, the statistics institute INS said Thursday.
Analysts Say Economy Will Rise In 1Q, Businesspeople Are Pessimistic
Analysts believe the Romanian economy will remain on the rise in the first quarter of this year and keep their estimates for 2013 gross domestic product, but signals from the economy are les...
Romania Economy Grew Better Than Expected At 0.7% In 2012
Romania’s economy grew at a faster 0.7% than previously estimated in 2012, reflecting a smaller negative impact from industry and a positive contribution of the retail sector, revised data f...
Romania Should Seek Better Credit Ratings - Minister
Romania should use the current climate of fiscal stability to improve its position in international ratings, which in turn might ameliorate the relationship between banks and investors, Econ...
INS: February Industrial Prices +0.3% On Month, +5.4% On Year
Romania’s industrial producer price index inched up 0.3% in February compared with a month earlier, fueled by higher energy prices, the country’s statistics institute INS said Tuesday.
Romania March Forex Reserves Rise Slightly To EUR32.26B
Romanian foreign exchange reserves rose slightly to EUR32.2 billion in March, from EUR32.17 billion a month earlier, central bank data showed Monday.
Tourist Arrivals In Romania Up 22.2% On Year In February
Tourist arrivals in Romania rose 22.2% in February from the year-earlier month, while overnight accommodations were up 22.6% on the year, the statistics institute INS said Monday.
Romania’s Grain Production Fell 39% In 2012 To 12.7 Mln Tons
Romania’s corn and wheat production fell 52% and 28.4%, respectively, last year and the crop yield was the lowest in the European Union despite the country’s large cultivated areas, statisti...
Romania Central Bank Leaves Key Rate At 5.25%
Romania’s central bank kept its key rate unchanged at 5.25% for the eight consecutive meeting Thursday, a day after the bank’s chief warned of lingering inflationary expectations.