National Commission for Strategy and Prognosis

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