inflation

Wage increases should be based solely on productivity growth and be made „by market force”, not by politicians, the Governor of the National Bank of Romania (BNR) Mugur Isarescu (photo) said on Thursday in the opening of The...
29 octombrie, 2018
Industrial Production Price Index (IPPI) slightly declined to 5.86% in August 2018, but remained significantly above consumer price inflation as measured by CPI (5.06%). The manufacturing industry sets the tone across the economy (although it contributed only 23.6%...
8 octombrie, 2018
The growth of the Romanian economy over the last decade has been impressive in nominal value, above all other EU states. But it has a big congenital problem: over the last 10 years, Romania has gained less than...
1 octombrie, 2018
Fitch Ratings confirmed on Friday Romania’s rating for long-term foreign and local currency debt at BBB-, with a stable outlook, but warned that fiscal loosening is risky for macroeconomic stability. „Romania’s investment grade rating is supported by the...
21 iulie, 2018
The average gross wage announced by the INS for May 2018 was 4,512 lei, 0.4% lower than in the previous month. Net nominal average wage decreased by 0.3% and reached 2,704 lei, exactly the same as in March....
21 iulie, 2018
Romania’s economy could grow by 5.1% in 2018, according to the World Bank summer forecast. The estimate has been improved by 0.6 percentage points above the rate forecasted in January on the occasion of the publication of June...
11 iunie, 2018

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