National Commission for Strategy and Prognosis

Annual inflation rate, up to 4pct in December, above BNR forecast

The annual inflation rate went up 4 percent in December 2019, from 3.8 percent in November, given that 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, according to data released on Tuesday by the National Institute of Statistics (INS). "In December 2019, consumer prices were 4.0 percent higher YoY.

PM Dancila says official statistics show Romania to be second in EU in economic growth terms

Prime Minister Viorica Dancila said on Wednesday that data released by the National Institute of Statistics (INS) and the National Commission for Strategy and Prognosis show Romania to be the second in the European Union and contradicts the Opposition leaders who claim that the Romanian economy is "collapsing." "Those who have said that Romania has a big economic problem, that, in fact, we are