Macroeconomics
INS: Adjusted Industrial Output +0.9% On Year In First Half
Romanian adjusted industrial production inched up 0.9% in the first half compared with the year-earlier period, largely supported by higher energy output, the country’s statistics institute...
Romania Inflation Rises For Second Month In July, At 3%
Romanian consumer prices rose 0.59% on the month in July, while the annual inflation accelerated for a second straight month to 3%, the statistics institute INS said Friday.
Romania Expects Lower State Budget Revenues In 2012
Romania’s Government expects revenues to the state budget to decrease by more than 2.1 billion lei (EUR462 million) in 2012, namely 0.4% of the gross domestic product, according to a draft o...
Romania January-June Trade Gap Narrows To EUR4.56B
Romania’s trade deficit narrowed slightly to EUR4.56 billion in the first six months of 2012, from EUR4.59 billion in the year-earlier period, the country’s statistics institute INS said Thu...
INS: Industrial Sales Rise 3.1% On Year In January-June
Romanian industrial sales rose 3.1% in the first half of 2012 compared with the year-earlier period, fueled by higher demand in all sectors, the country’s statistics institute INS said Thurs...
Industrial New Orders Up 0.7% On Year In 1H
Romanian new orders inched up 0.7% on the year in January through June, supported by growth in most sectors, the country’s statistics institute INS said Thursday.
Romania Cuts GDP Growth Forecast To 1.2% In 2012
Romanian government has revised down its economic growth forecast to 1.2% in 2012 from 1.5% previously, according to a draft of this year’s first budget revision obtained by Mediafax.
Finance Ministry Tries To Persuade IMF To Accept Measures To Stimulate Growth
The end of the week is expected to bring heated discussions between the Ponta government and the International Monetary Fund (IMF), as authorities make a last attempt to persuade foreign exp...
IMF To Maintain Romania 2012 GDP Growth Forecast Above 1% - Sources
The International Monetary Fund will not lower its forecast on the Romanian economic growth below 1% for 2012, in spite of a weak harvest predicted for this year and the difficult climate el...