National Commission for Strategy and Prognosis
Gross domestic product up by 2.8 pct in first quarter of 2021
The Gross Domestic Product increased by 2.8%, as seasonally adjusted series, in the first quarter of 2021, compared to the previous quarter, while, compared to the same period last year, the GDP did not record any change, according to the estimated data released Tuesday by the National Institute of Statistics (INS).
Romania's 2021 economic growth forecast officially downgraded to 4.3pct
Romania's National Commission for Strategy and Prognosis (CNSP) has slightly downgraded its forecast of the country's 2021 Gross Domestic Product growth to 4.3%, or 1,116.8 billion lei, from its previous estimate of 4.5%, or respectively 1,135.3 billion lei.
Budget deficit, rises to 6.7pct of GDP at adjustment
The deficit of the consolidated general budget for this year rises to 6.7pct of GDP at the first budget adjustment this year, given that the measures adopted to stimulate the economy represent 3pct of GDP, announced on Wednesday Finance Minister Florin Citu in a statement at the Victoria Palace. According to him, the cash deficit increases by 31.9 billion lei.
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
Advance of Romanian economy slows down to 4.1pct in 2018
The advance of the Romanian economy slowed down to 4.1 pct in 2018, from 7 pct in the previous year, according to the alarm estimates published on Thursday by the National Institute of Statistics (INS).
Romania's final energy consumption to go up annually approx 2.4pct by 2022
Romania's final energy consumption will increase between 2019 and 2022, with annual jumps of approximately 2.4 percent, the Energy Balance Forecast published in December by the National Commission for Strategy and Prognosis (CNSP) showed.