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Tag Archives: INS

GDP up by 5% in Q1 yoy

The Gross Domestic Product (GDP) grew by 5% in Q1 this year as compared with the same period last year, and by 1.3% against the previous quarter, the National Institute of Statistics (INS) informs on Wednesday. As seasonally adjusted series, ...

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PM Dăncilă makes new blunder, mistakes “predictions” for “predilections”

Premier Viorica Dăncilă has made a new confusion between terms in a statement before the weekly government sitting on Thursday. PM Dancila has mistaken “predictions” for “predilections” referring to the latest findings of the National Institute of Statistics (INS). More ...

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BNR maintains inflation forecast at 3.5% for 2018, expects 2.9% in 2019

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 ...

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Nonresident tourists in Romania spent on average RON 2,409 per capita in H1

The number of nonresident tourists accommodated in the first half of 2016 in tourist facilities in Romania was of 1.273 million, with overall spending of RON 3.068 billion, the main purpose of their visits being business, attending congresses, conferences, lectures, ...

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Trade deficit up to EUR 7.5bn in seven months

Romania recorded a trade deficit of EUR 7.577 billion in the first seven months of the year, by EUR 766.5 million higher than in the similar period of 2017, the National Statistics Institute (INS) informs on Monday. According to statistical ...

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Retail trade turnover up by 6.4pc in 7 months

The retail trade turnover (excluding the trade with motor vehicles and motorcycles), as gross series, in the first seven months of 2018, increased by 6.4% against the similar period of 2017, due to the increase in sales of non-food products ...

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Growing demographic decline in Romania: Resident population down by 120,000 on January 1, 2018

On 1st January 2018, the usually resident population amounted to 19,524 thousand citizens, a  drop of 120.7 thousand people compared to 1st January 2017, the National Institute of Statistics (INS) informed on Wednesday. The main cause of this decline is the negative natural increase (the number of deceased people exceeded the number of live births by 71,125 people). Demographic ageing became more pronounced, rising to 116.9 elderly persons per 100 young people under 15; the gap between the elderly population aged 65 and over and the young  population aged 0-14 reaching 513 thousand people (3 551 thousand people compared to 3  038 thousand people), rising from 439 thousand people on January 1 st, 2017. The urban population, as well as the female population are in the majority (53.8% and 51.%, respectively). On 1st January 2018, the usually resident population in the urban area amounted to 10 498 thousand  people, a 0.3% decrease compared to 1st January 2017. The female population on 1st January 2018 was                9 980 thousand people, a drop of 0.6% compared to the same date of the previous year. Demographic ageing became more pronounced compared to 1st January 2017, with an increase in the share of elderly people (aged 65 and over). The ageing index increased from 114.4 (on 1st January 2017)  to 116.9 elderly people per 100 young people (on 1st January 2018). The share of the population aged 0‐14 in the total population remained at the amount determined for  1st January 2017 (15.6%), while the share of the population aged 65 and over in the total population  registered an increase of 0.4 percentage points (from 17.8% in 2017 to 18.2% on 1st January, 2018). Thus, the age dependency ratio increased from 50.1 (on 1st January 2017) to 50.9 young and elderly  people per 100 adults (on 1st January 2018). Romania continues to be an emigration country, the phenomenon of emigration being the second  biggest cause of the usually resident population decline. The net international migration during 2017p   was negative, with 53 thousand more emigrants than immigrants.   In 2017, more men than women emigrated (50.9%). As far as immigrants are concerned, men were in  the majority (53.5%).

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Managers forecast price hike for the autumn

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 findings of a survey released ...

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4.5pc unemployment rate in June

The seasonally adjusted unemployment rate was of 4.5% in June, slightly down against the previous month (4.6%), the National Statistics Institute (INS) informs on Tuesday. The unemployment rate for men was by 0.9 percentage points higher than for women. The ...

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EUR 3.7bn trade deficit in four months 2018

During January-April 2018, the FOB exports amounted to EUR 22.2 billion and the CIF imports to EUR 25.9 billion, leading to a trade deficit of EUR 3.7 billion, the National Statistics Institute (INS) informs. In this period, exports grew by ...

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