Macroeconomics
BNR Sees Inflation Outside Target Range Until 2H '13
Romania's central bank expects the annual inflation rate will stay outside the target range until the second half of 2013, governor Mugur Isarescu told a news conference Friday.
Romania Central Bank Holds Key Rate At 5.25%
Romania’s central bank kept its key rate unchanged at 5.25% for the fifth consecutive time Friday, in line with expectations, after inflation accelerated to its fastest pace in more than two...
Romanian September PPI +0.3% On Month, +6.6% On Year
Romania’s industrial producer price index inched up 0.3% in September compared with a month earlier, largely fueled by higher prices in the utilities sector, the country’s statistics institu...
Romania Forex Reserves Fall To EUR31.8B In October
Romanian foreign exchange reserves fell to EUR31.77 billion in October, from EUR32.42 billion a month earlier, central bank data showed Thursday.
INS: Romania Unemployment Rate Steady At 7.1% In September
Romania's unemployment rate was at 7.1% in September, unchanged from the previous month, seasonally adjusted data from the statistics institute INS showed Wednesday.
INS: Housing Permits Down 11.8% On Month In September
Romanian housing permits fell 11.8% to 3,521 units in September, from 3,993 units a month earlier, the country’s statistics institute INS said Monday.
Construction Market Seen Falling Further In October-December
Romanian companies expect construction activity will continue to decline in the last three months of 2012, on weaker demand, the statistics institute INS said in a survey Monday.
Romania Misses 2015 Euro Adoption. New Government To Decide On New Target, Central Bank Says
Romania’s euro-zone entry in 2015 is difficult to achieve and the new government that will be formed after December’s parliamentary elections is set to decide if the timeline for adopting th...
Romanian Government Approves This Year’s Second Budget Revision
Romania’s Government approved this year’s second budget revision in a special meeting Saturday.