Macroeconomics
GfK: Romanian Economic Expectations Improve, But Consumer Spending Falters
Romanian economic expectations have improved slightly in the first three months of 2012 from a quarter earlier, but consumers are more restrained with their money, a survey from market resea...
INS: Tourist Arrivals Up 11.3% On Year In First Quarter
Tourist arrivals in Romania rose 11.3% in the first quarter from the year-earlier period, while overnight accommodations were up 6.1% on the year, the statistics institute INS said Thursday.
Romania March PPI +1% On Month, +5.8% On Year
Romania’s industrial producer price index inched up 1% in March from a month earlier, largely fueled by a 1.3% increase in manufacturing prices, the country’s statistics institute INS said T...
Erste: Romania Central Bank To Leave Rates On Hold Until 2013
The Romanian central bank is likely to keep its key rate unchanged at 5.25% until 2013, after political uncertainly prompted the bank to interrupt its monetary policy easing, Austrian lender...
Isarescu: Leu's Fall May Be Linked To Fundamentals
The Romanian leu has weakened against the euro in an immediate reaction to the government’s fall, but its recent evolution could also point to a shift in macroeconomic fundamentals, central...
Isarescu: Monetary Easing Cycle Halted Over Political Developments
Romanian central bank governor Mugur Isarescu Wednesday said the bank has halted its monetary policy easing as a reaction to a mix of domestic and international developments, including the r...
Capital Economics: A Mild Fiscal Slippage In Romania Not Too Worrisome
A moderate fiscal slippage in Romania following the government’s recent collapse is unlikely to create long-term difficulties, provided any new fiscal policies are credible and will not stra...
BNR: Forex Reserves Slightly Down To EUR34.3B In April
Romanian foreign exchange reserves fell slightly to EUR34.33 billion in April from EUR34.6 billion a month earlier, central bank data showed Wednesday.
BNR Keeps Key Rate Unchanged At 5.25%
The Romanian central bank (BNR) Wednesday kept its key rate unchanged at a record low of 5.25% a year, as political uncertainty following the government’s fall last week ended a monetary eas...