Macroeconomics
Romania's Inflation Rises In October After 4-Month Drop
Romania’s inflation rate rose to 3.55% in October, ending a four-month drop as prices increased across the board.
Romania Jan-Sep Trade Deficit Narrows To EUR6.89B
Romania’s trade deficit narrowed slightly to EUR6.89 billion in the first nine months of 2011, from EUR6.98 billion in the same period a year ago, the country’s statistics institute INS said...
Franks, IMF: Would Have Waited A Few Months Before Slashing Rates
Romania's central bank could have waited a few more months to see if the disinflation process takes hold before lowering its main interest rate, Jeffrey Franks, head of the IMF mission to Bu...
ANOFM: Romania October Jobless Rate Rises Slightly To 4.93%
Romanian unemployment rate inched up to 4.93% in October, from 4.89% a month earlier, the country’s employment agency ANOFM said Tuesday
Romania September Adjusted Industrial Output -0.6% On Month
Romanian adjusted industrial production inched down 0.6% in September compared with the previous month, due to declines in all sectors, the country’s statistics institute INS said Tuesday.
INS: Romania's January-September Power Output +2.4% On Year
Romanian power output rose 2.4% on the year to 17.49 million tons of oil equivalent in the first nine months, fueled by higher production in most sectors, official data showed Tuesday.
IMF: Romania Needs Privatization, Private Management To Foil “Wise Guys”
The government needs to hurry privatizations and the appointment of private management at state-owned companies, to decisively change the system where a privileged few enjoy undeserved profi...
BNR Governor: Rate Cut Aimed To Reduce Inflationary Expectations
Romanian central bank’s decision to lower its key rate after 18 months of prudential approaches aims to reduce inflationary expectations and build up general confidence in the disinflation p...
BNR Revises Down Romania's 2010 FDI To EUR2.2B
Romania’s central bank Monday revised downward foreign direct investment data for 2010 to EUR2.22 billion, compared with EUR3.5 billion in the previous year.