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11:15, 08.03.2024

National Institute of Statistics revises economic growth in 2023 upwards, to 2.1 pct

National Institute of Statistics revises economic growth in 2023 upwards, to 2.1 pct

The National Institute of Statistics (INS) has revised economic growth in 2023 upwards to 2.1% and downwards to -0.5% for Q4, 2023, according to provisional data published on Friday. Thus, the Gross Domestic Product…




14:10, 09.08.2023

Central bank revises upwards to 7.5% the inflation forecast for the end of the year

The National Bank of Romania (BNR) revised upwards to 7.5% the inflation forecast for the end of this year and to 4.4% for the end of 2024, according to data presented on Wednesday by BNR governor Mugur Isarescu.BNR…




13:05, 26.03.2023

Fitch affirms Romania's rating at 'BBB-', revises country outlook from negative to stable

Fitch Ratings revised on Friday the outlook on Romania's long-term foreign- and local-currency issuer default ratings (IDRs) to stable from negative and affirmed the IDRs at 'BBB-', the Finance Ministry announced.This…




13:16, 15.02.2023

BNR revises downwards inflation forecast to 7pct for end-2023 and to 4.2pct for end-2024

The National Bank of Romania (BNR) revised downwards to 7pct the inflation forecast for the end of this year and estimates an inflation of 4.2pct for the end of 2024, according to the data presented on Wednesday…




19:00, 07.02.2023

BCR revises downwards inflation forecast to 8pct from 8.7pct, for end-2023

The Banca Comerciala Romana (BCR) revised downwards the inflation forecast for the end of 2023, from 8.7pct to 8pct, due to the anticipation of cheaper agricultural raw materials and energy, told Agerpres. Fii…




12:36, 11.11.2022

EU Commission revises up 2022 eurozone GDP forecast, lowers 2023 growth outlook

The eurozone economy will grow more than previously expected in 2022 and decelerate more than previously thought in 2023, the European Commission forecast showed on Friday, according to Reuters. In its regular…




15:36, 26.09.2022

IMF revises upward Romania's economic growth forecast for 2022, to 4.8% (Minister)

The International Monetary Fund has positively revised Romania's economic growth forecast for 2022, to 4.8%, the Ministry of Finance announced on Monday, in a statement sent to AGERPRES. Fii la curent cu cele mai…




10:16, 03.05.2022

Prognosis Commission significantly revises downwards, to 2.9 pct, growth estimate of Romanian economy in 2022

The National Strategy and Prognosis Commission (CNSP) revised downwards to 2.9% the growth estimate of the Romanian economy for this year, from 4.3% as previously forecast. Fii la curent cu cele mai noi stiri.…




17:41, 19.04.2022

IMF downwardly revises its 2022 economic growth estimates for Romania to 2.2pct

The International Monetary Fund (IMF) has significantly revised its estimates for the growth of the Romanian economy this year, from 4.8% last autumn to 2.2% in its latest "World Economic Outlook" report published…




16:10, 16.02.2022

Prognosis Commission revises downwards estimate for economic growth this year to 4.3%

The National Commission for Strategy and Prognosis (CNSP) revised downwards to 4.3% the prognosis for economic growth for this year, as opposed to the previous estimate, which was 4.6%, taking into consideration…




10:40, 21.12.2021

INS revises 2020 GDP evolution data, estimating a smaller decline - 3.7%

The estimated gross domestic product (GDP) for 2020, semi-final data, was 1,058 billion lei in current prices, decreasing - in real terms - by 3.7% compared to 2019, according to data with the National Institute…




11:56, 11.10.2021

INS revises Romania's Q2 2021 economic growth to 1.9pct from 1.8pct

The National Institute of Statistics (INS) has revised Romania's Q2 2021 economic growth to 1.9%, from 1.8%, as previously estimated, according to provisional data published on Monday by INS. On September 7, INS…




11:25, 02.08.2021

Erste Group revises Romania’s 2021 growth outlook to 6.7%

Erste Group revised an upward forecast for Romania‘s 2021 economic growth from 4.2% (in Q1) to 6.7%. The Austrian group expects that the growth rate will remain robust in Romania in 2022 at +4.5%, according to…




13:51, 07.07.2021

EU Commission revises upward estimates for euro zone growth, inflation

The European Commission announced on Wednesday the activity in the European economy in the first quarter of 2021 exceeded expectations and the improved health situation prompted a swift easing of pandemic control…




22:10, 05.01.2021

WB revises downwards its projections for Romanian economy's 2021 recovery

The Romanian economy is expected to grow 3.5 percent this year, after a contraction of 5 percent in 2020, and is next seen picking up to 4.1 percent in 2022, according to the World Bank's January 2021 Global Economic…




10:52, 20.12.2019

INS revises upwards to 4.4 pct estimate on GDP advance in 2018

The National Institute of Statistics (INS) has revised upwards to 4.4 pct the estimate regarding the advance of the Gross Domestic Product (GDP) in 2018, according to the semi-definitive data published on Friday. …




12:02, 10.10.2019

Statistics Institute revises slightly downwards to 4.5 pct its GDP growth estimate for Q2 2019

The National Institute of Statistics (INS) revised slightly downwards to 4.5 pct from 4.6 pct its estimates for the seasonally adjusted GDP growth in Q2 2019 compared to the same period of the year before, according…




13:35, 10.07.2019

EC upwardly revises estimates of Romania's 2019 economic growth at 4pct

The European Commission has upwardly revised its 2019 economic growth forecast for Romania at 4pct, from 3.3pct in May 2019.  The European Commission published on Wednesday its summer 2019 economic forecasts. The…




16:28, 07.05.2019

European Commission downwardly revises Romania's 2019 real GDP growth at 3.3pct

The European Commission on Tuesday downwardly revised to 3.3 percent its estimates of the real Romanian economy growth this year, from a January forecast of 3.8 percent.The European Commission published on Tuesday…




10:46, 07.05.2019

Prognosis Commission revises 2019 year-end inflation estimate upwards to 3.2 pct

The National Strategy and Prognosis Commission (CNSP) revised upwards to 3.2 pct its year-end inflation forecast for 2019, changing also its average exchange rate estimates upwards to 4.74 lei/euro, according to…




22:35, 25.01.2019

Fitch revises to 'negative' outlook on Romania's banking giants BCR and BRD

Fitch Ratings revised on Friday from "stable" to "negative" the rating outlook on Romania's banking giants the Romanian Commercial Bank (BCR) and BRD-Groupe Societe Generale SA (BRD), a press release by Fitch informs.A…




14:37, 10.11.2018

Prognosis Commission revises downwardly, to 4.5 pct, projection regarding economic growth this year

The National Prognosis Commission (CNP) revised downwardly to 4.5 pct its projection for economic growth this year, from 5.5 pct, the value put forth in the previous prognosis issued in July.Furthermore, also dropping…




13:04, 08.11.2018

BNR maintains inflation forecast at 3.5pct for 2018, revises upwards to 2.9pct forecast for 2019

The National Bank of Romania (BNR) has maintained the inflation forecast at 3.5 percent for the end of 2018 and revised upwards to 2.9 percent the forecast for next year, BNR governor Mugur Isarescu announced on…




14:58, 19.07.2018

Prognosis Commission revises GDP growth projection down to 5.5 pct, raises inflation forecast figures

The National Prognosis Commission (CNP) revised downwards to 5.5 pct its projection for GDP growth this year, from 6.1 pct in April.  The economic forecast institution also revised upwards it year-end inflation…




19:52, 09.05.2018

National Bank Romania revises upwards to 3.6pct inflation forecast for end-2018

The National Bank of Romania (BNR) has revised the inflation forecast for the end of this year to 3.6pct, BNR Governor Mugur Isarescu said on Wednesday. The previous forecast indicates an inflation of 3.5pct in…




19:12, 09.02.2018

BNR revises upwards to 3.5 pct inflation forecast for end-2018

The National Bank of Romania (BNR) has revised upwards the inflation forecast for the end of the year, BNR governor Mugur Isarescu stated on Friday.  The previous prognosis showed an inflation of 3.2 percent in…




14:58, 20.12.2017

INS revises upwards economic growth for 2016, to 4.8 pct

The National Institute of Statistics (INS) has revised upwards the economic growth for 2016, to 4.8 pct, by 0.1 pct above the provisional version, reads a press release of the institution sent to AGERPRES on Wednesday. …




13:35, 03.11.2017

National Prognosis Commission revises upwards again, to 6.1 pct, economic growth estimate for 2017

The National Prognosis Commission (CNP) has revised upwards again estimates for Romania's economic growth in 2017, to 6.1 per cent from 5.6 per cent, as previously estimated. According to the autumn estimation…




16:54, 15.09.2017

National Prognosis Commission revises upwards to 5.6 pct its economic growth estimate for 2017

The National Prognosis Commission (CNP) revised upwards its estimate for Romania's economic growth in 2017, to 5.6 pct from 5.2 pct, as per the previous forecast. According to this fall's preliminary projection,…




18:55, 29.02.2016

National Prognosis Commission revises upwards to 4.2pct projection of GDP growth in 2016

The National Prognosis Commission (CNP) has revised upwards the projection on the GDP growth to 4.2pct for this year and the 2015 estimate to 3.7pct, according to the 2016 Winter Prognosis. In the autumn forecast,…