Macroeconomics
INS: Romania's April Industrial Sales -11.3% On Month, +12.5% On Year
Romanian industrial sales fell 11.3% on the month in April, due to lower sales in all sectors, the country’s statistics institute INS said Monday.
EBRD: Greece’s Troubles Unlikely To Send Romania Back Into Recession
Greece’s seemingly turn for the worse is unlikely to push Romanian economy into recession, according to Peter Sanfey, lead economist at the European Bank for Reconstruction and Development.
INS: Tourist Arrivals In Romania Up 5.1% On Year In April
Tourist arrivals in Romania rose 5.1% in April from the year-earlier month, while tourist accommodations were up 2.2% on the year, the statistics institute INS said Friday.
INS: Adjusted Retail Sales Down 1.8% On Month In April
Romanian adjusted retail sales fell 1.8% in April compared with a month earlier, on falling consumption in most sectors, the statistics institute INS said Friday.
A Constitutional Budget Gap Ceiling Requires Correction Measures
The caps on budget deficit and public debt, proposed for introduction in the Constitution, would be an important step in rendering public finance more sustainable, but correction of potentia...
INS: Construction Of New Homes Down 4.5% In Jan-Mar
Romanian housing construction slid 4.5% to 7,985 units in the first quarter from the year-earlier period, as builders broke ground on fewer new homes in urban areas, the country’s statistics...
INS: Romania 1Q Net Investment -3% On Year To RON9.8B
Romanian net investments fell 2.9% to 9.8 billion lei (EUR2.37 billion) in the first quarter from the year-earlier period, due to falling activity in most sectors, the country’s statistics i...
INS: Industrial Producer Prices Stable In April
Romania’s industrial producer price index was unchanged in April from a month earlier, largely held back by a 1.1% decline in the mining sector, the country’s statistics institute INS said T...
Budget Gap Limited To 3% Of GDP - Constitution Draft
Romania's budget gap may not be wider than 3% of the gross domestic product, while the public debt may not exceed 60% of the GDP, says the draft revised Constitution, published Wednesday by...