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Tag Archives: trade deficit

Trade deficit up to EUR 1.26bn in January

The trade deficit (FOB/CIF) climbed to EUR 1.26 billion in January, up by EUR 481.9 million against January 2018, according to the figures released by the National Statistics Institute (INS) on Tuesday. In January 2019, the FOB exports amounted to ...

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Prognosis Commission’s forecast for 2019: GDP of RON 1,000bn, real growth of 5.5%, average RON/EUR exchange rate of 4.67

The new economic forecast from the National Prognosis Commission (CNP) for 2019, released on Wednesday, points to an investment growth of 6.9%, down from 7.9% previously. A lower number of employees is considered, of 5.282 million, down from 5.335 million ...

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Statistics: Trade deficit up by 11.8% to almost EUR 10bn in nine months

The FOB/CIF trade deficit has climbed to EUR 9.95 billion in the first nine months, up by EUR 1.05 billion against the same period last year. The National Statistics Institute (INS) informs on Friday that the FOB exports amounted to ...

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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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Trade deficit up by almost EUR 500m in H1

Romania had, in the first half of the year, a trade balance deficit of RON 6.305 billion, up by RON 483.3 million against the same interval the previous year, the National Statistics Institute (INS) informs in Thursday. According to the ...

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BNR Governor on trade imbalances: The correction is unavoidable. Inflation forecast revised downwards to 3.5pc

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 currency exchange. ...

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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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Analysts anticipate economic crisis ahead, recession looming

The figures released on Tuesday by the National Statistics Institute (INS) pointing to a y.o.y. economic growth of 4%, but to a slim 0.3% growth – almost stagnation – in Q1 2018 vs. Q4 2017 is an alarm signal, some ...

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Romania’s economy to grow at an average annual rate of 5.5 pc in 2019-2021, Gov’t estimates

The Romanian economy will grow more sustainably during 2019 – 2021 period, with an estimated average annual rate of 5.5 percent, while the domestic demand (consumption and investment) will continue to represent the main driver of the economic growth, according ...

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