Romania Current Account Deficit Widens to EUR4.8B in January-July
09.13.2018
Romania's current account balance posted a deficit of EUR4.811 billion in January-July, compared with a deficit of EUR4.162 billion in the same period last year, central bank data showed Thursday.
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Unicredit Bank Sees Romania's GDP Growth Slowing to 3.7% this year, 3.3% in 2019 10.19.2018
Political and fiscal risks will dominate the public agenda this year and the next and economic growth will slow down to 3.7% in 2018 and 3.3% in... more
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Romania Current Account Deficit Widens to EUR5.83B in Jan-Aug 10.15.2018
Romania's current account balance posted a deficit of EUR5.83 billion in January-August, compared with a deficit of EUR4.23 billion in the same... more
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Romania Trade Deficit Widens To EUR8.978B In January-August 2018 10.10.2018
Romania's trade balance posted a deficit of EUR8.978 billion in the first eight months of 2018, EUR1.105 billion higher compared with the same... more
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Romania Inflation Rate Falls To 5% In September 10.10.2018
Romanian consumer prices fell to 5% in September 2018, from 5.1% a month earlier, but the annual inflation rate rose by 5%, data from the country's... more
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IMF Revises Downwards Romania’s GDP Growth Forecast To 4% In 2018 10.09.2018
The International Monetary Fund (IMF) has revised downwards its forecast on Romania’s economic growth to 4% in 2018, 1.1 percentage points below... more
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Romania Average Net Salary Falls 1.4% On Month To RON2,669 In August 2018 10.09.2018
The net average salary in Romania fell 1.4% in August 2018 compared with July, to 2,669 lei (around EUR571), data from the country's statistics... more
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Unicredit Bank: Romania Annual Inflation Rate Seen Moderating At 4.9% In Sept 2018 10.08.2018
Unicredit Bank analysts believe the official data for September 2018 will probably show the annual inflation rate entering a downward trend and... more
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BT Analyst: Annual Private Consumption Growth To Moderate And Fall To 6% In 2018, To 5% In 2019 10.04.2018
The annual increase in private consumption will moderate in coming years, falling to 6% in 2018, 5% in 2019 and 4.6% in 2020, after a significant... more
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Central Bank To Announce Measures Limiting Indebtedness Ratio 10.03.2018
Romania's central bank will soon announce measures to limit the indebtedness ratio on loans, governor Mugur Isarescu said Wednesday. more
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PSD Government Broke Finance Ministry’s Piggy Bank: 25% Salary Raises In Public Sector In Jan-Aug 10.01.2018
Salary spending in the public sector rose 25% in January-August over the year-ago period, as shown by the general consolidated budget figures. The... more
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Romania Unemployment Rate At 4.3% In August 2018 10.01.2018
Romania's seasonally adjusted unemployment rate stood at 4.3% in August 2018, 0.1 percentage points higher than in July, data from the country's... more
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Romania Posts Budget Deficit Of RON14.6B, Or 1.54% Of GDP, In January-August 2018 09.28.2018
Romania’s general consolidated budget posted a deficit of RON14.6 billion, or 1.54% of the gross domestic product (GDP), in the first eight... more
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Foreign Direct Investments in Romania Grew 6.2% on Year in 2017, to EUR4.79B 09.28.2018
The net flow of foreign direct investments (FDI) in Romania grew 6.2% on the year in 2017, to EUR4.797 billion, according to a statistical survey... more
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Romania Net Average Monthly Salary Grows 14.3% on Year in 2017 09.26.2018
The net average salary in Romania grew 14.3% in 2017 compared with 2016, to 2,338 lei (around EUR500), data from the country's statistics board... more
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Romania Unemployment Rate at 4.1% in 2Q/2018 09.26.2018
Romania's seasonally adjusted unemployment rate stood at 4.1% in the second quarter of 2018, 0.6 percentage points lower than in the first quarter,... more
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PwC: Romania Loses Over EUR6B Annually from Uncollected VAT 09.24.2018
Romania lost EUR6.3 billion in uncollected VAT in 2016, according to calculations by PwC Romania based on a VAT gap study released by the European... more
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CFA Romania Analysts See Leu Falling to 4.7/euro, 3-Mo Rate at 3.88% in Next 12 Months 09.24.2018
Three out of four analysts expect the Romanian leu to depreciate to 4.73 units to the euro in the next 12 months and see the three-month money... more
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Romanian Inflation Rate Climbs to 5.1% in August 09.11.2018
Consumer prices grew an annual 5.1% in August, after dropping to 4.56% in July from 5.4% in June, data from the country's statistics board showed... more
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All Forecasts Point To Mere 4% Economic Growth In 2018 09.11.2018
Economists are beginning to review their economic growth forecasts downwards, after the National Statistics Institute published detail GDP growth... more
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ING Romania Revises 2018 GDP Forecast to 3.8% from 3.5% 09.10.2018
ING Bank Romania has revised its 2018 economic growth forecast for the country to 3.8% from a previous forecast of 3.5% after a second reading by... more
Lender ING Bank Romania on Tuesday reported a net profit of RON345 million for the first half of 2018, on higher revenues and lower
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Hotels, pensions, lodges and motels in Bucharest and in the Constanta and Brasov counties posted more than 2.5 billion lei (EUR538
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Romania’s game development industry is dominated by multinationals and the four largest such companies in the country by revenue in
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Sales of durable goods on the Romanian market rose 11.8% in April-June 2018, to EUR700 million, mostly backed by the telecom segment,
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The 20 largest companies that went insolvent in the first half of 2018 posted 1.5 billion lei (EUR324 million) revenue and had about
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The investment volume in the first half of 2018 amounted to around EUR386 million in Romania, down 27% from the same period of the
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The Bucharest Stock Exchange increases the maximum number of companies in its BET index and its total return version BET-TR from 15 to
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C&W Echinox: Romania's Real Estate Market Attracted EUR386M Investments in 1H/2018
The investment volume in the first half of 2018 amounted to around EUR386 million in Romania, down 27% from the same period of the previous year, when the investment market reached a value of EUR530 million, according to Cushman & Wakefield Echinox calculations and estimates.
