Macroeconomics
Romania Average Net Wage Up 0.3% To RON1,472 In February
The average net salary in Romania rose 0.3% on the month, 1,472 lei (EUR336) in February, from RON1,467 in January, statistics institute INS said Wednesday.
The Economist: Greater Concentration In Romania's Banking Sector Is Likely
Bank profitability is expected to remain low in the short term in Romania, as the favorable impact on the banking system of the return to economic growth will come with a lag. But profits wi...
Romania February PPI +0.8% On Month, +5.9% On Year
Romania’s industrial producer price index inched up 0.8% in February from a month earlier, fueled by growth in most sectors, the country’s statistics institute INS said Tuesday.
INS: February Adjusted Retail Sales -2.5% On Month
Romanian adjusted retail sales decreased 2.5% in February compared with a month earlier, due to falling demand in most sectors, the statistics institute INS said Tuesday.
Mixed Signals Coming From Economy In First Quarter
The first quarter came with mixed signals about the rebound of the economy. The macroeconomic picture is quite negative, according to the data announced so far, and certain events show the l...
BNR: Forex Reserves Rise To EUR34.6B In March
Romanian foreign exchange reserves rose to EUR34.6 billion in March from EUR33.4 billion a month earlier, central bank data showed Monday.
February Unemployment Rate Dips To 7.1% - INS
Romania's unemployment rate was at 7.1% in February, down from 7.2% in the previous month, seasonally adjusted data from the statistics institute INS showed Monday.
Tourist Arrivals Roughly Flat On Year In February
Tourist arrivals in Romania were roughly the same in February 2012 from the year-earlier month, the statistics institute INS said Monday.
The Economist Tells Romania's Government: You’ve Got No Money To Raise Wages
Achieving the deficit target of 1.9%-2.1% of the gross domestic product in 2012 will entail a freeze in public sector wages and pensions and will not leave room for cuts in VAT or social sec...