Macroeconomics
Romania Adjusted Industrial Output Down 0.8% In November
Romanian adjusted industrial production inched down 0.8% in November compared with a month earlier, on lower output in most sectors, the country’s statistics institute INS said Thursday.
Romania 3Q GDP Decline Revised To 0.4%
Romania’s economy shrank 0.4% in the third quarter of 2012 compared with a quarter earlier, a slightly slower pace than previously estimated, revised data from the statistics institute INS s...
Industrial New Orders Fall 4.2% On Month In November
Romanian industrial new orders declined 4.2% on the month in November, on falling demand in most sectors, the statistics institute INS said Wednesday.
Romania January-November Trade Gap Widens To EUR8.67B
Romania’s trade deficit widened slightly to EUR8.67 billion in the first eleven months of 2012, from EUR8.6 billion in the year-earlier period, the country’s statistics institute INS said We...
INS: Industrial Sales Down 2.8% On Month In November
Romanian industrial sales fell 2.8% in November from a month earlier, on lower demand in all sectors, the country’s statistics institute INS said Wednesday.
Companies’ Losses Upset GDP Calculations Of Statistics Institute
One explanation for the difference between preliminary GDP data and the “almost final” GDP data could be that companies’ losses increased after they could not factor in their higher raw mate...
Agriculture Contributes EUR15B To GDP In 2012
Agriculture, a sector that accounts for about 6% to 7% of Romania’s gross domestic product every year, contributed EUR15 billion to the economy last year, down 16% from the peak year 2011, a...
Analysts: IMF Program Disastrous, Needs Completion Before Follow-up Deal
Romania should step up reform implementation and aim for a successful completion of its EUR5 billion loan arrangement with the International Monetary Fund and other foreign creditors before...
INS: Romania's Power Output Down 2.3% In Jan-Nov 2012
Romania’s energy output fell 2.3% on the year to 20.9 million tons of oil equivalent in the first eleven months of 2012, on declining production in the hydropower and nuclear sectors, offici...