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Tag Archives: economic growth

IMF World Economic Outlook – Romania’s GDP growth revised downwards to 3.1%, higher inflation rate in 2019

The International Monetary Fund (IMF) has revised downwards the estimates regarding Romania’s economic growth to 3.1%, and expects higher inflation rate and current account deficit, according to the latest ‘World Economic Outlook’ report released on Tuesday. In the previous report ...

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Romania-based business executives, more pessimistic than last year, study says

Business executives in Romania are more and more pessimistic about the local workforce environment, a PwC study shows. The main concerns are related to the availability of the key skills and the change of the workforce demography. The study reads ...

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Statistics: Romanian economy grew by 4.1% in 2018

The estimated GDP in 2018 was of RON 940,477 billion in current prices, up in real terms by 4.1% against 2017, with highest contribution coming from industry – 24%, the National Statistics Institute (INS) informs on Thursday. As compared to ...

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Romanian economy up by 4.1% last year, down from 7% in 2017

Romanian economy grew last year by 4.1%, down from an advance of 7% in 2017, the National Statistics Institute (INS) has announced on Thursday, with official figures slightly below the official forecast of 4.5%. In the fourth quarter of 2018, ...

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European Commission maintains 3.8% forecast growth for Romanian economy in 2019. GEO 114 – potential negative costs

In its winter forecast, the European Commission maintains estimates that Romanian economy will grow by 3.8% in 2019, the same as released last year in the autumn forecast. The anticipation for growth in 2020 remains 3.6%, a release posted on ...

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Fiscal Council slams 2019 draft budget, says is „excessively optimistic”

The 2019 draft budget is built on a series of excessively optimistic premises, starting right from the economic growth scenario, followed by the VAT receipts, excise duties, the dynamics of the employees or the gross wage in the competition sector, ...

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