National Institute of Statistics

Banking & Finance

The annual inflation rate was 15.5% in February, from 15.1% in January

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By RBJ The annual inflation rate increased to 15.5% in February 2023, from 15.1% in January 2023, in the conditions in which food goods rose in price by 22.35%, non-food goods by 12.73%, and services by 10.38%, according to the...
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Banking & Finance

Inflation breaks the record in November: 16.8%; food products, the most expensive

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By RBJ The annual inflation rate rose to 16.8% in November 2022, from 15.32% in October, due to the increase in the price of food products by 21.55%, non-food goods by 16.17% and services by 9.51% , according to the...
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Banking & Finance

The Romanian Institute of Statistics (INS) misinforms. Eurostat announces a level of inflation in August for Romania of 13.3%. Four days ago, the INS...

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By RBJ Inflation in August was at a level of 13.3%, compared to the EU average of 10.1%. This annualized inflation rate is much lower than the one reported four days ago by the National Institute of Statistics (INS). On...
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Commodities

Exports increased by 23.9% in the first half of the year, and imports increased by 28.5%. The trade balance deficit reached over 15 billion...

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By rbj The frozen structure of the Romanian economy, based especially on the manufacture and export of components for machines and equipment, is starting to be observed more and more in this period when global flows are deteriorating, and the...
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Banking & Finance

In May 2022, the annual inflation rate in Romania rose to 14.5%

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By rbj The annual inflation rate rose to 14.5% in May 2022 from 13.76% in April, according to data released by the National Institute of Statistics (INS). "Consumer prices in May 2022 compared to April 2022 increased by 1.2%. The inflation...
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Banking & Finance

Inflation reached 13.8% in April. Monetary policies must be accompanied by diverse and effective economic policies

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By Andra Beltz The annual inflation rate rose to 13.76% in April 2022, compared to April 2021, according to data released on Wednesday by the National Institute of Statistics (INS). Non-food goods increased by 16.35%, food by 13.54%, and services...
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Banking & Finance

The annual inflation rate rose to 8.5% in February. Natural gas, fuel, and edible oil were the most expensive

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By rbj The annual inflation rate rose to 8.53% in February 2022, from 8.35% in January, given that non-food goods rose by 9.33%, food by 8.84%, and services by 6.08%, according to data published on Monday by the National Institute...
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Conjuncture

Romania’s GDP is well below expectations: growth of 5.6% in 2021. The result is determined by the exaggerated dependence on inter-EU trade and the...

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By Jerom Bolt The Romanian economy grew by 5.6% last year, and in the last quarter of 2021 GDP rose by 2.2% compared to the same period in 2020, but decreased by 0.5% compared to the previous quarter, according to...
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Commodities

Trade deficit at a worrying level. Currency losses are equivalent to Romania’s exports for three months

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By Emea Riga Romania's trade deficit is growing year by year. And this is due to the excessive dependence of intra-community trade, ie with the EU member states. We are the only EU country that exports and imports from the...
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Banking & Finance

Inflation reached 8.2%; edible oil rose by 27.17%, and gas prices rose by 51.6%; The Central Bank to keep in check inflation

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By Edwig Ban The annual inflation rate in December 2021 rose to 8.2% compared to December 2020, according to data released on Friday by the National Institute of Statistics (INS). Non-food goods became more expensive in December 2021 compared to...
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