Andreea Marinescu

Annual inflation rate slightly declines to 3.3 pct in December, below BNR forecast

The annual inflation rate declined slightly, to 3.3 percent in December 2018, from 3.4 percent in November, according to data released by the National Institute of Statistics on Monday.

The annual inflation rate is thus below the 3.5 percent forecast of the National Bank of Romania (BNR) announced for 2018.

Metro strike, postponed

The General Council of 'Unitatea' - Metro Free Trade Union (USLM) decided on Tuesday to postpone the launch of the general strike until after a first meeting with the new Transport Minister, informs USLM.

Romania starts importing Asian workforce for HoReCa, industry, agriculture (survey)

Romania-based companies operating in sectors such as HoReCa, processing, light manufacturing, agriculture, construction and services have hired in recent years foreigners from non-EU states, most of them hailing from countries with a standard of living below Romania's, shows a Smartree survey.

RBL: Pillar II retirement account savings trimmed 12.9 pct for 7 ml contributors because of calendar non-observance

Seven million Romanian contributors have 12.9 percent less in their retirement saving accounts because of the non-observance of the Pillar II contributions increase calendar, which resulted in the loss of both the money promised under law and of the money multiplication effect, argue Romanian Business Leaders (RBL) representatives.

INS: Annual inflation rate goes up to 5 percent in March

The annual inflation rate went up to 5 percent in March 2018, from 4.7 percent in the previous month, on the grounds of non-food product prices going up by 6.57 percent, those of food products by 4.01 percent, and those of services by 2.9 percent.

A higher annual inflation rate was registered in June 2013, when consumer prices went up 5.37 percent.

Heavy snowfall to blanket Bucharest, 14 counties starting Thursday night

Bucharest and other 14 counties will be under code orange of heavy snowfall on Thursday night, while 16 counties will be under the code yellow of abundant snowfall starting Thursday afternoon, according to warnings issued Wednesday by the National Weather Administration (ANM).