Macroeconomics
INS: April Industrial Output -0.2% On Month, +6.2% On Year
Romanian adjusted industrial production inched down 0.2% in April compared with the previous month, due to declining output in the manufacturing sector, the statistics institute INS said Wed...
Romania's Economy Grows Higher Than Expected, GDP Rise 0.7% In First Quarter
The economy expanded at a faster pace than previously estimated in the first quarter, supported by rising exports and increasing activity in industry and retail sectors, revised figures show...
Let's Grab A Screwdriver And Fix The Economy, Says Isarescu
When inflation is high, despite the dynamics set by the central bank on the money market and in contrast with the size of the budget deficit, the reason can be found in the unpaid debts of s...
Ialomitianu: Budget Deficit Widens To RON6.7B In May
Romania’s consolidated budget posted a deficit of 6.7 billion lei (EUR1.6 billion) in the first five months, equal to 1.2% of the gross domestic product, Finance Minister Gheorghe Ialomitian...
Eurostat: Romania April Retail Sales Fall At 2nd Fastest Pace In EU
Romanian retail sales fell 1.8% on the month in April, the second largest increase in the European Union, official data showed Tuesday.
Romanians Abroad Saved EUR12B Last Year - Survey
The 2.9 million Romanians working abroad saved EUR12 billion last year, according to a survey by the Soros Foundation Romania and the International Agency for Source Country Information.
Eurostat: Romania April PPI Rises At Slowest Pace In EU
Romanian industrial producer prices posted the lowest monthly increase in the European Union in April, official data showed Monday.
INS: Romania Industrial New Orders Fall 5.1% On Month In April
Romanian industrial new orders slid 5.1% on the month in April, due to declines in all sectors, the country’s statistics institute INS said Monday.
Average Net Wage Inched Up 0.3% In April, To RON1,498
Average net wages in Romania inched up 0.3% on the month to 1,498 lei (EUR362) in April, boosted mainly by Easter and other seasonal bonuses, the statistics institute INS said Monday.