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GDP up by 5.7pc in Q1. Average net wage in May – RON 2,362

Romania's GDP

The Gross Domestic Product (GDP) increased by 5.7% as gross series and by 5.6% as seasonally adjusted series against the similar period last year, according to provisional data released by the National Statistics Institute (INS) on Friday. As compared to ...

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Monthly income per household – RON 3,250 on average

bani_

The total monthly average income per household was of RON 3,250 and the expenditures amounted to RON 2,761per month in the first quarter of this year, the National Statistics Institute (INS) informed on Thursday. The overall monthly average income in ...

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Turnover of retail trade, up by 8.2pc in 5 months

comert

The turnover of retail trade (excluding the trade with motor vehicles and motorcycles), as gross series, registered an increase of 7.9% in the first five months of the current year as compared to the similar period of 2016 and, as ...

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‘Green’ cars sales up twofold in first five months

electric-and-hybrid-cars

In the first five months of the year, Romanians bought 717 new green cars (100% electric and hybrids), up almost twofold (+185%), against the same period in 2016, when 251 units were sold, the Association of Automobile Producers and Importers ...

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Foreign tourists in Romania in Q1 spent EUR 500/person/stay, less than one-day spending by tourists in Greece

tourism romania

The total number of foreign tourists staying in Romania in the first quarter of this year was of about 450,000 and their expenses amounted to a total of RON 500 million, the National Institute of Statistics (INS) informed on Friday. ...

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Population consumption led to 5.7pc GDP growth in Q1

consum

The 5.7% GDP growth in the first quarter was based mainly on the population’s final consumption increase, which contributed 4.8% to the advance of the economy, according to a press release from the National Statistics Institute (INS) on Wednesday. “From ...

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Hourly labour cost up by 18.2pc in Q1. Retail trade turnover up by 6.3pc

bani

Labour cost per hour has increased by 18.2% in the first quarter this year against the same period in 2016, the National Statistics Institute (INS) informed on Tuesday. According to the source, the growth was of 0.96% as compared to ...

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