forecast

EC Revises Dn Romania’s GDP Growth Forecasts To -4% In ’09, 0% In ’10

13:52, 04 Mai 2009
The European Commission revised downwards its forecast on Romania’s GDP growth, estimating a 4% contraction in 2009, and a stagnation in 2010, compared with its January’s estimates of 1.75% GDP growth in 2009, followed by a below 2.5% growth in 2010.

EC Sees Romania’s Jobless Rate At 8% In ’09

13:46, 04 Mai 2009
The European Commission revised upwards its forecast on Romania’s unemployment rate in 2009, at 8%, from 7% it predicted in January.

Romania To Have Nearly Optimal Weather This Year

12:49, 23 Mart. 2009
The year 2009 will be “nearly optimal from the point of view of weather”, with precipitation close to multiannual average values, but drought may affect certain parts of Romania in summer.

Romanian Fin Min Sees ’09 GDP Growth Between -1% And 1.5%

13:23, 12 Mart. 2009
Romanian Finance Minister Gheorghe Pogea said Thursday, after meeting the IMF representatives, that he currently sees the economic growth between -1% and 1.5% in 2009, compared with the 2.5% GDP growth on which this year’s budget is based.

Romania’s Econ Outlook Seen Negative In Indus, Construction Sectors During Dec-Feb INS

10:03, 30 Dec. 2008
Romanian managers said that they are negative about two major sectors of the Romanian economy, namely the industrial and construction sectors between December and February, while services and retail are seen stable, the National Institute for Statistics, or INS, said Tuesday.

Fitch Revises Dn Romania’s 09 Econ Growth F’cast To 1%

16:01, 23 Dec. 2008
Fitch Ratings revised downwards its forecast on Romania’s 2009 economic growth to 1%, two percentage points less than its previous prediction, made in November.

Romanian Salaries To Grow By At Most 10% In ’09

16:58, 11 Dec. 2008
The growth pace for salaries in the Romanian private sector will slow down next year by at most 10%, due to reductions in human resources budgets and delays in recruitment, while the number of benefits will be reduced, as benefits will be selected depending on staff needs and performance.

Romania’s Econ To Grow By 8% In ’08, To Keep Growing Next Yr – Ctrl Bk Head

13:58, 10 Dec. 2008
Romanian economy will grow by 8% in 2008, and will remain in "positive territory" next year, central bank governor Mugur Isarescu said Wednesday.

IMF Cuts Romania’s ’09 Econ Growth Forecast To 3.5%, From 4.8%

13:21, 26 Nov. 2008
The International Monetary Fund forecasts Romania’s economy will grow by 3.5% in 2009, below the 4.8% growth rate seen in October, as the global turmoil affected local banks’ ability to get funds from abroad, which limits investments and consumption, and also due to a severe slowdown in exports.

Romanian Bks To See Escalation Of Phishing Attacks To 300 Cases In ‘09

13:25, 12 Nov. 2008
Romania will register nearly 300 phishing attacks in 2009, ten times more compared to the number reported this year, which translates into higher losses following the increase in the number of online banking users, according to antivirus applications producer BitDefender.

Romanian Prognosis Commission Revises Dn ’09 GDP Forecast To 6%

12:31, 27 Oct. 2008
Romania’s National Prognosis Commission CNP has revised down, in its final fall prognosis, its gross domestic product estimation for next year to 6%, from 6.5% in the preliminary report.

Romanian Ctrl Bk Revises ’08, ‘09 Inflation Forecasts

12:48, 04 Aug. 2008
Romanian central bank revised its inflation forecast from 6% to 6.6% in 2008, and from 3.5% to 4.2% in 2009.

Romania’s 1H Indus Output Growth Seen Slowing To 5.8% Vs 6.1% In 1H ‘07

13:09, 30 Mai 2008
Romania’s industrial output growth is seen slowing down slightly to 5.8% in the first half of 2008 compared with 6.1% in the same period last year, the Romanian forecast commission said Friday in a report.

Romanian Household Lending Growth Seen Slowing In 2 Yrs

12:16, 27 Mai 2008
Romania’s fast-growing household lending will continue to rise over the next two years, but at a slower pace due to tighter bank lending rules, Radu Ghetea, president of the Romanian bankers' association, said Tuesday.

Romania’s New Car Sales Seen Up 5% Tops In 2008

19:13, 19 Mai 2008
Romania’s new car sales will see an increase of only 5% in 2008, on higher imports of used cars and unchanged decommissioning bonus for old cars, the Automotive Manufacturers and Importers Association, or APIA, said Monday.

Romania Ctrl Bk Ups 08 CPI Forecast To 6% Vs 5.9%

11:40, 08 Mai 2008
Romanian central bank governor Mugur Isarescu said Thursday the bank expects the country’s consumer price index to rise 6% this year, slightly up from its previous forecast of 5.9%.

EU Trims Romania 2008 Wage Growth To 10.4% From 12.2%

15:26, 28 Apr. 2008
The European Commission on Monday estimated average wages in Romania will see a 10.4% growth in 2008, down from a previous forecast of 12.2%, the commission said in its spring report.

EU Ups Romania 2008 Forecast To 6.2% From 5.9%

14:22, 28 Apr. 2008
The European Commission Monday upped its Romanian economic growth forecast for 2008, on higher demand and wage growth.

Northern, Southern Romania Could Be Hit By Floods In Next 3 Months

13:37, 20 Mart. 2008
Regions in northern and southern Romania could be hit by floods in April, May and June, according to a hydrological forecast made public Thursday by the National Institute for Hydrology and Water Administration.

Romanian Forecast Commission Issues Early Spring ’08 Econ Outlook

14:49, 08 Mart. 2008
The Romanian National Forecast Commission issued the 2008 preliminary spring forecast, touching the main macroeconomic indicators, the variation in industrial output, the trade balance, employment, wages, inflation and the exchange rates.

EBRD Worst Case Scenario Sees Romanian Population At 13M In 2050

16:10, 11 Ian. 2008
Romania’s population might drop to 13.31 million inhabitants before 2050, according to a pessimistic scenario by the European Bank for Reconstruction and Development, or EBRD, which analyzes the demographic evolution in several states.

Romania To See Typical Winter, Normal Weather Next Year

14:38, 18 Dec. 2007
Winter in Romania this year will not be atypical as last year, while 2008 will also be a normal year as far as weather phenomena are concerned, said Tuesday Ion Sandu, head of the national meteorology authority ANM.