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Tag Archives: trade balance

BNR: EUR 5.8bn current account deficit, external debt up by EUR 648m in eight months. FDI slightly down

In January – August 2018, the balance-of-payments current account posted a deficit of EUR 5,830 million, compared with EUR 4,231 million in January – August 2017; the deficit on trade in goods widened by EUR 1,472 million, the surplus on ...

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Update: BNR increases monetary policy rate to 2.5pc. Governor Isarescu says concerns are related to administrated prices, labour market, oil developments

In its meeting of May 7, 2018, the Board of the National Bank of Romania has decided, according to a release posted on its website, the following: to increase the monetary policy rate to 2.50 percent per annum from 2.25 ...

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Eurostat: Romania, third in the EU by number of sheep

Having about 9.8 million sheep in 2017, Romania ranks third in the European Union by sheep flocks, being overtaken only by the UK with 24.5 million heads and Spain with 15.9 million sheep, the figures released by Eurostat on Monday ...

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PM Viorica Dancila meets Chinese Ambassador Feihong Xu, talks focus on political dialogue, economic cooperation

Prime Minister Viorica Dancila has met Chinese Ambassador, Feihong Xu, at Victoria Palace on Wednesday, with talks focusing on intensifying the political dialogue and on consolidating the economic cooperation. “”The dialogue between the two officials was a constructive and warm ...

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Trade deficit up to EUR 11.344bn in 11 months of 2017

The deficit of Romania’s trade balance (FOB/CIF) reached EUR 11.344 billion in the first 11 months of 2017, up by EUR 2.569 billion against the same period in 2016, the National Statistics Institute (INS) informs on Tuesday. During January 1 ...

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Historic record: Romania imported foodstuff worth EUR 3.2bn in H1

In the first semester of 2017, Romania’s imports totalled EUR 36.7 billion, of which 8.8% were foodstuff imports – EUR 3.2 billion. Such a level hasn’t been recorded after 1989 and it is double against H1 2008, official statistics reveal. ...

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Trade deficit up to EUR 2.3bn in Q1

Romania continues to have higher imports than exports. In the first quarter this year the trade deficit increased by EUR 361.5 million as compared to the similar period in 2016. The FOB/CIF trade deficit increased to EUR 2,317 billion in ...

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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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Trade deficit up by almost 28 pc in eight months

The trade balance deficit has grown by 27.9% in the first eight months of the year as compared to the similar period last year, to more than EUR 6.13 billion, a release from the National Statistics Institute (INS) informs. During ...

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