forecast

The Romanian Meteorology Administration has issued a code orange alert for heavy snowfalls and blizzard in the Southern Carpathians starting today, and also a code yellow alert for strong wind and rainfalls in other 13 counties. A special…

Romania’s economy is set to recover from a fall in output in the first half of the year due to the COVID19 crisis, according to the "Autumn 2020 Economic Forecast" released by the European Commission on Thursday. Although the contraction…

The Romanian economy showed signs of resilience in the first quarter of the year, says the latest economy forecast released by the European Commission today. The EC says that the real GDP increased by 2.4% year-on-year (0.3%…

COVID-19 has sparked volatility in international commodity markets, and the agricultural sector is now facing the challenges of hoarding of grains and other agricultural commodities for both food and feed. Commoditrader, a marketplace for…

The annual inflation rate climbed up 4 percent in December 2019, from 3.8 percent in November, as food prices increased by 5.08 percent and non-food prices by 3.31 percent, while the price of services registered an advance of 4.16 percent,…

The National Bank of Romania (BNR) has presented the new quarterly Inflation Report in a press conference today, 8 November, deciding to decrease the inflation forecast for the end of this year to 3.8%, while forecasting a 3.1% inflation…

Denmark Embassy in Bucharest has posted a funny hinting message on its Facebook account on Friday, two days before the European elections and referendum on justice in Romania. The message says it’s going to be a hot Sunday. "Casual…

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…

The National Bank of Romania (BNR) has increased the inflation forecast to 3% for this year and estimates an inflation of 3.1% next year, Governor Mugur Isarescu announced on Monday, during the presentation of the quarterly report on…

The National Bank of Romania (BNR) has maintained the inflation forecast for this year at 3.5% and has increased the level of expectations to 2.9% for 2019, up from 2.7%, Governor Mugur Israescu has announced on Thursday, on presenting the…