Ionuț Dumitru / The bad news of the good news – Romania’s convergence
Two months ago, a news item generated “sensational” headlines in the business media – Romania surpassed Poland in GDP per capita at PPS (purchasing power
Two months ago, a news item generated “sensational” headlines in the business media – Romania surpassed Poland in GDP per capita at PPS (purchasing power
The number of employees in Bucharest reached 1,093,506 in June this year, that is, 19% of the total 5,754,304 active employees in Romania worked in
National gross average salary income for November 2018 was RON 4,658, 2.8% more than in the previous month, according to INS data. National nominal net
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
The price level in Romania stood at 52% of the EU average in 2017, according to data provided by Eurostat for 2017 on the relative
The national gross average salary announced by the INS for March 2018 was 4,488 lei, 8.7% higher than in the previous month. Net nominal
The average gross salary earning announced by the INS for February 2018 was 4,128 lei, 0.4% lower than in the previous month. Paradoxically, the net
The national gross average wage announced by the INS for January 2018 was 4,143 lei, a value that cannot be compared with the previous month
When publishing the data on wage levels and purchasing power in the EU member states, Eurostat also implicitly offered the first estimates of the
Following the systematic increases in recent years and the transfer of contributions from the employer to the employee, Romania has surpassed Lithuania in terms of
BNR made a thorough analysis of Romania’s status in terms of real convergence with Western economies. A precondition for adopting the euro, in line with
The average gross salary announced by INS for August 2017 was 3,290 lei, by 1.2% higher than in the previous month. The net average wage
UNSUSTAINABLE: Purchasing power increase, triple compared to GDP growth! The purchasing power of wages reached the threshold of 180% in July 2017 compared to the
According to the data provided by INS, Romania registered a 0.32% increase in prices in July 2017 compared to the previous month, the highest level
* Dynamics of turnover in retail sector in 2017 * The turnover growth rate of the retail units in Romania will be of 10% this
The average gross national wage announced by the INS for March 2017 was 3,256 lei, 4.8% up compared to the previous month. The average net
The gross average national wage announced by INS for February 2017 was 3,108 lei, by 1.9% below the previous month. The net average national wage
Romanians’ purchasing power returned to the benchmark set for October 1990 with the accession to the European Union. From a level of 93.5% in
Eurostat has published an analysis of the price levels in the European countries that allows comparisons regarding the purchasing power and shows where we are
The average net earning announced by INS for October 2016 was 2,108 lei, 14 lei or 0.7% higher than the previous month. Expressed in the
Two months ago, a news item generated “sensational” headlines in the business media – Romania surpassed Poland in GDP per capita at PPS (purchasing power
The number of employees in Bucharest reached 1,093,506 in June this year, that is, 19% of the total 5,754,304 active employees in Romania worked in
National gross average salary income for November 2018 was RON 4,658, 2.8% more than in the previous month, according to INS data. National nominal net
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
The price level in Romania stood at 52% of the EU average in 2017, according to data provided by Eurostat for 2017 on the relative
The national gross average salary announced by the INS for March 2018 was 4,488 lei, 8.7% higher than in the previous month. Net nominal
The average gross salary earning announced by the INS for February 2018 was 4,128 lei, 0.4% lower than in the previous month. Paradoxically, the net
The national gross average wage announced by the INS for January 2018 was 4,143 lei, a value that cannot be compared with the previous month
When publishing the data on wage levels and purchasing power in the EU member states, Eurostat also implicitly offered the first estimates of the
Following the systematic increases in recent years and the transfer of contributions from the employer to the employee, Romania has surpassed Lithuania in terms of
BNR made a thorough analysis of Romania’s status in terms of real convergence with Western economies. A precondition for adopting the euro, in line with
The average gross salary announced by INS for August 2017 was 3,290 lei, by 1.2% higher than in the previous month. The net average wage
UNSUSTAINABLE: Purchasing power increase, triple compared to GDP growth! The purchasing power of wages reached the threshold of 180% in July 2017 compared to the
According to the data provided by INS, Romania registered a 0.32% increase in prices in July 2017 compared to the previous month, the highest level
* Dynamics of turnover in retail sector in 2017 * The turnover growth rate of the retail units in Romania will be of 10% this
The average gross national wage announced by the INS for March 2017 was 3,256 lei, 4.8% up compared to the previous month. The average net
The gross average national wage announced by INS for February 2017 was 3,108 lei, by 1.9% below the previous month. The net average national wage
Romanians’ purchasing power returned to the benchmark set for October 1990 with the accession to the European Union. From a level of 93.5% in
Eurostat has published an analysis of the price levels in the European countries that allows comparisons regarding the purchasing power and shows where we are
The average net earning announced by INS for October 2016 was 2,108 lei, 14 lei or 0.7% higher than the previous month. Expressed in the