Macroeconomics
Romania Inflation Rises To 2.04% In June
The Romanian consumer price index was unchanged on the month in June, but the annual inflation accelerated to 2.04%, ending a seven-month slowdown, the statistics institute INS said Tuesday.
EU Funds Absorption Target Missed In 2012 Too
The ambitious target of the former Government, led by prime minister Emil Boc, to attract EU refunds of EUR3.5 billion has been missed.
ANOFM: Jobless Rate Down To 4.5% In June
Romania's unemployment rate fell slightly to 4.49% in June, from 4.56% a month earlier, the country’s employment agency ANOFM said Monday.
Good Signs From Industry And Constructions In May. Energy Consumption Is Down
The turnover and new orders in industry recorded rises in May, as did construction works, while energy consumption remained on the decline, according to data from Romania’s statistics instit...
Analysts See Inflation At 3.7% By Yearend
The increase in consumer prices in June will be 2.1% and the annual inflation rate will go up to 3.7%. These are the estimates of the Association of Financial-Banking Analysts of Romania.
Capital Economics: Euro Zone Crisis Is Main Concern To Romania's Economy
The crisis in the euro zone is the biggest concern to Romania's economy at the moment, said William Jackson, analyst with Capital Economics, who pointed out that the local financial market h...
Romanian Businesspeople Expect The Leu's Depreciation To Bring Higher Prices, Lower Consumption
The Romanian leu's depreciation will raise the prices of imported products like food and clothing, as well as the cost of trips abroad, driving consumption down and possibly resulting in lay...
Romanian Industrial New Orders Up 13% On Month In May
Romanian industrial new orders rose 12.9% on the month in May, fueled by two-digit growth in most sectors, the statistics institute INS said Friday.
INS: Industrial Sales Rise 13% On Month In May
Romanian industrial sales increased 12.9% in May, after a 9% decline a month earlier, supported by higher demand in the manufacturing sector, the country’s statistics institute INS said Frid...