Macroeconomics
Romania Average Net Wage Slightly Up To RON1,553 In April
Romanian average net salary inched up 0.6% to 1,553 lei (EUR347.8) in April, from RON1,543 a month earlier, the statistics institute INS said Wednesday.
Romania 1Q GDP Growth Held Back By Falling Investment, Constructions
Declining activity in public administration and defense sectors, alongside fewer investments in administrative services and constructions held back Romania’s economic growth in the first qua...
Statistics Data Show Consumption Increase. Analysts’ Opinions Are Mixed
Retail sales – one of the leading indicators of consumption – went up by 3.6% in the first four months compared with the year-earlier period, but they are yet to recoup losses in previous ye...
INS: Romania Adjusted Retail Sales +0.8% On Month In April
Romanian adjusted retail sales inched up 0.8% in April compared with a month earlier, on higher demand in all sectors, the statistics institute INS said Tuesday.
Romania’s Economy Will Most Likely Stagnate In 2012 - ING Bank Official
Romania’s economy will most likely stagnate this year, as consumption will not recover sufficiently and exports will have a rather negative contribution both in 2012 and 2013, ING Bank Roman...
Leu’s Depreciation Caused By Speculative Pressure, Euro Zone Problems - ING Bank Official
The depreciation of the Romanian currency is mainly speculative, unlike in 2008, when capital outflows were legitimate, and the central bank will no longer transfer pressure onto the monetar...
ING: Romanian Leu Exchange Rate Might Continue To Lose Ground Against Euro
The Romanian leu’s exchange rate might fall to 5 units against the euro, whether Greece exits the euro currency zone or not, and pressure on the euro and currencies in the region will contin...
BNR: Romania Forex Reserves Down To EUR33.5B In May
Romanian foreign exchange reserves fell to EUR33.5 billion in May from EUR34.3 billion a month earlier, central bank data showed Friday.
Romania Jobless Rate Slightly Up To 7.4% In April
Romania's unemployment rate rose slightly to 7.4% in April, from 7.2% a month earlier, seasonally adjusted data from the statistics institute INS showed Friday.