Macroeconomics
Average Net Wage Slightly Down To RON1,457 In October
Romanian average net salary inched down 0.5% to 1,457 lei (roughly EUR334.7) in October, from RON1,464 a month earlier, the statistics institute INS said Wednesday.
INS: Industrial Sales Down 5.5% On Month In October
Romanian industrial sales fell 5.5% on the month in October, on declining demand in the manufacturing sector, the country’s statistics institute INS said Wednesday.
Industrial New Orders -17.8% On Month In October
Romanian industrial new orders dropped 17.8% on the month in October, hit by falling demand across the board, the statistics institute INS said Wednesday.
Adjusted Construction Works Nudge Down 1.5% In October
Romanian construction works fell 1.5% on the month in October, after a 1.3% increase in September, the statistics institute INS said Wednesday.
Ialomitianu: Romania Might Increase Funds Allotted To Investments In Spring 2012
Romanian Finance Minister Gheorghe Ialomitianu said Tuesday additional revenues that might result after the budget execution in the first months of 2012 will most likely be directed to inves...
Economy Grew Slightly Less Than Thought In 3Q
Romania’s third quarter gross domestic product grew by 1.8% in seasonally adjusted terms compared with the previous three months, slightly less than previously estimated, revised data from t...
Ministry Budgets Worth Billions Of Euros Passed, No Questions Asked
Specialized committees of the Parliament endorsed budgets of billions of euros of various ministries, no questions asked. Why is the agriculture getting EUR3.5 billion, while food is more ex...
BNR Sees Year-end Inflation Below Its Latest Forecast
Romania’s annual inflation rate could ease below the central bank’s latest forecast of 3.3% in December, owing to a steady exchange rate of the leu, central bank governor Mugur Isarescu said...
INS: Romania October Adjusted Retail Sales +2% On Month
Romanian adjusted retail sales rose 2% in October compared with a month earlier, largely fueled by a 12.3% increase in delivery orders and online sales, the statistics institute INS said Mon...