Macroeconomics
Industry Sales Down 3.6% On Month In August
Romanian industrial sales fell 3.6% in August from a month earlier, due to declining demand in the manufacturing sector, the country’s statistics institute INS said Friday.
Statistics Institute Revises Down Romania's Second-Quarter GDP Growth To 1.1%
Romania’s economy grew at an annualized rate of 1.1% in the second quarter of 2012, slightly slower than previously estimated, revised data from the statistics institute INS showed Friday.
Romania's Power Output Down 2.6% In January-August
Romanian energy output decreased 2.6% on the year to 15.2 million tons of oil equivalent in the first eight months, on falling production in the hydropower and nuclear sectors, official data...
INS: Average Net Wage Down To RON1,534 In August
Romanian average net salary fell 1.4% to 1,534 lei (EUR338) in August, from RON1,556 a month earlier, the statistics institute INS said Friday.
Romania May Not Raise Local Taxes Before 2014 - Minister
Romania may not increase local taxes for 2013 as the legislation states they may only be altered at least six months before the beginning of the year, Romania’s Interior Minister Mircea Dusa...
Romania Raises Local Taxes And Fines By 16% In 2013
Local taxes and fines will increase 16.05% starting next year, indexed for inflation for the period 2010-2012, according to a draft government decision put forth by the Finance Ministry.
Tourist Arrivals In Romania Up 5.5% On Year In August
Tourist arrivals in Romania rose 5.5% in August from the year-earlier month, while overnight accommodations were up 6.1% on the year, the statistics institute INS said Wednesday.
UniCredit: Exports Revival Could Prevent Recession In 2012
Romania could prevent recession in the second half of 2012 and meet the budget deficit target of 2.2% of the gross domestic product GDP only through a boost of foreign demand, considering th...
Industrial Producer Prices Went Up In August
Romania’s industrial producer price index rose 1.3% in August compared with a month earlier, fueled by higher prices across the board, the country’s statistics institute INS said Tuesday.