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Tag Archives: household consumption

Eurostat: Romania, first in the EU in terms of expenditure on food and non-alcoholic beverages

In 2017, households in the European Union (EU) spent 12.2 % of their total consumption expenditure on ‘food and non-alcoholic beverages’. This is the third most important category of household expenditure after ‘housing, water, electricity, gas and other fuels’, which ...

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INS revises upwards the GDP growth in Q1 2018. Household earnings up by 19.2pc in Q1, expenditures by 20.1pc

The National Statistics Institute (INS) has revised upwards the evolution of GDP in the first quarter of 2018, estimating a 0.1% advance as compared to the fourth quarter of 2017, after the forecast in June revealed stagnation. Seasonally adjusted figures ...

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BNR: Forecasted dynamics of economic activity would remain robust in 2018, above potential, but falls in 2019

National Bank of Romania (BNR) Board members note that the much stronger-than-expected acceleration in economic growth during 2017 was anticipated to be followed by relatively more pronounced slowdowns in 2018 and 2019, according to the minutes of the monetary policy ...

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CNP revises upward the projection on GDP growth to 6.1 pc in 2018

Commission for Economic Forecasting (CNP) has revised upward the GDP growth projection to 6.1 percent this year, according to Winter Prognosis on medium term 2017 – 2021, after the institution estimated an economic growth of 5.5 percent for 2018 last ...

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GDP of RON 907.9bn, economic growth of 5.5pc in 2018

The National Prognosis Commission (CNP) has released the forecasts for 2017-2021 and the estimates for the 2018 state budget reveal that the GDP will reach next year the level of RON 907.9 billion and the economy will register 5.5% growth. ...

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CNP revises upwards the economic growth forecast to 5.6pc

The National Prognosis Commission (CNP) has revised upwards the economic growth forecast in 2017 to 5.6% from the previous level of 5.2%. According to the autumn preliminary estimates, the GDP will reach RON 837.1 billion this year, as compared to ...

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CNP keeps the economic growth outlook for this year at 5.2 pc

The National Commission for Economic Forecasting (CNP) maintains its economic growth estimate for this year at 5.2 percent, but with a nominal rise of 0.15 percent from the previous forecast to RON 816.5 billion, according to the Medium-term Spring Prognosis ...

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