forecast

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…

Romania's economy is expected to register a 4.2% growth this year, and the economic growth will decrease to 3.6% next year, according to the latest forecasts released on Thursday by the European Bank for Reconstruction and Development…

Managers operating in the industry, constructions, retail and services sectors forecast price hikes for this autumn, amid ongoing activities. They also say they will preserve and even increase the number of employees, according to the…

The National Bank of Romania, repeatedly accused by the PSD-ALDE ruling coalition of failing to control the inflation, has presented on Wednesday new analyses and forecasts about the price increases in 2018 and about the development of the…