december

Romania's consumer price index rose by 32 basis points on the month in December, driven mainly by higher food and tobacco prices, while the annual inflation widened to 4.74%, above the central bank’s target, the National Statistics Institute said Tuesday.

Romanian foreign exchange reserves fell EUR434 million in December to EUR28.303 billion, according to central bank data released Monday.

Romania's net average salary was up 9.4% on the month in December to 1.489 lei (EUR1=RON4.2971), mainly due to bonuses, the National Institute for Statistics, or INS, said Wednesday.

Romania’s inflation rose 0.23% on the month in December, due to higher prices for food and services, but the annual consumer price index (CPI) slowed to 6.3%, from 6.7% in November, the National Statistics Institute, or INS, reported Tuesday.

Former Romanian president Ion Iliescu says that there are very slim chances for the truth to be revealed regarding the people who opened fire in December 1989, in the Romanian revolution, since the people who did it were part of an elite unit directly under Nicolae Ceausescu.