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Macroeconomics

ANOFM: Romania Jobless Rate Steady At 4.8% In July

Romanian unemployment rate reached 4.77% in July, barely changed from 4.78% a month earlier, the country’s employment agency ANOFM said Friday.

Florentina Dragu · 05.08.2011 · 16:31 · 1 min
Construction Works Fall 4.7% On Year In January-June - INS
Macroeconomics

Construction Works Fall 4.7% On Year In January-June - INS

Romanian construction works fell 4.7% in the first half from the year-earlier period, driven by weak activity in new constructions and repair works, the country’s statistics institute INS sa...

Florentina Dragu · 05.08.2011 · 10:03 · 1 min
INS: Romania Industrial New Orders Rise 19.4% In 1H
Macroeconomics

INS: Romania Industrial New Orders Rise 19.4% In 1H

Romanian industrial new orders rose 19.4% in January to June compared with the year-earlier period, boosted by growth in all sectors, the country’s statistics institute INS said Friday.

Florentina Dragu · 05.08.2011 · 10:02 · 1 min
Macroeconomics

INS: Industrial Sales Up 18.4% On Year In First Half

Romanian industrial sales rose 18.4% in the first half of 2011 compared with the year-earlier period, fueled by higher demand in all sectors, the country’s statistics institute INS said Frid...

Florentina Dragu · 05.08.2011 · 10:01 · 1 min
Social/Politics

Government OKs This Year’s First Budget Revision

Romania’s Government on Wednesday approved this year’s first budget revision, raising the budgets of several ministries to finance investments and eliminate debts incurred by state companies...

Oana Gavrila · 04.08.2011 · 11:28 · 1 min
Macroeconomics

INS: Romania Average Net Wage Up 1% In June, To RON1,472

The average net salary in Romania rose 1% on the month to 1,472 lei (around EUR350) in June, due to granting of occasional bonuses, amounts distributed from the profits, and to higher produc...

Bogdan Neagu · 04.08.2011 · 10:15 · 1 min
Macroeconomics

Fiscal Council: Budget Revision Draft Breaks Fiscal Responsibility Law

Romania’s Fiscal Council Wednesday said the budget revision draft proposed by the Finance Ministry breaks the fiscal responsibility law because the additional money to be allocated at the re...

Florentina Dragu · 03.08.2011 · 16:24 · 2 min
BNR: Inflation To Ease Next Months, Upside Risks Remain
Macroeconomics

BNR: Inflation To Ease Next Months, Upside Risks Remain

Romanian central bank (BNR) Wednesday estimated the inflation will continue to fall in the coming months, helped by cheaper food items and a good farming year, but warned upside pressure fro...

Florentina Dragu · 03.08.2011 · 15:22 · 1 min
Macroeconomics

Romania's June Retail Sales Fall At Fastest Pace In EU

Romanian retail sales fell 1.3% on the month in June, the largest decrease in the European Union, official data showed Wednesday.

Florentina Dragu · 03.08.2011 · 13:19 · 1 min