forecast

ING Sees Romania GDP Contracting 6.6% in 2020

14:56, 27 Mart. 2020
The reality of the Covid-19 crisis will bite severely into the real economy and Romania's GDP is seen contracting by 6.6% in 2020, with a second quarter to forget, followed by a less pronounced “V-shaped” recovery than previously expected, ING said in a report Friday.

Erste Group Sees Romania GDP Growth Contracting 4.7% in 2020

14:30, 27 Mart. 2020
Austria's Erste Group, which owns lender BCR in Romania, said in a research report it sees the country's GDP contracting by 4.7% in 2020 and the budget deficit is likely to widen to 7.3% of GDP.

EC Maintains Romania’s 2019 GDP Growth Projection at 3.8%

13:53, 07 Feb. 2019
The European Commission has maintained its 3.8% economic growth projection for Romania in 2019 in its winter economic forecast released Thursday, unchanged from its fall forecast.

EBRD Revises Up Romania’s 2017 GDP Growth Forecast To 4%

18:18, 10 Mai 2017
The European Bank for Reconstruction and Development (EBRD) has raised by 0.3% its economic growth forecast for Romania, to 4% for 2017, according to EBRD’s latest Regional Economic Prospects report released on Wednesday.

Romania To Set 2012 GDP Growth Target In October, In Talks With IMF – PM

17:33, 20 Sept. 2011
Romania's economic growth forecast, used in drafting the state budget for next year, will be determined by the Government in October, through consultations with the International Monetary Fund, European Commission and World Bank, Prime Minister Emil Boc said Tuesday.

Romanian Annual Inflation Seen Rising To 8.2% In April

14:04, 06 Mai 2011
Romanian consumer prices are likely to increase by 0.5% on the month in April, while the annual inflation is seen accelerating to 8.2%, according to a median forecast of the country’s association of financial and banking analysts AAFBR.

IMF Sees Romanian Inflation At 4% In December 2011

18:21, 11 Apr. 2011
The International Monetary Fund estimates Romanian inflation will reach 4% at the end of 2011, at the upper limit of the central bank’s target, according to the fund’s latest World Economic Outlook report.

Romanian Inflation Seen Rising To 7.8% In March

13:30, 08 Apr. 2011
Romanian consumer prices are likely to increase by 0.5% on the month in March, while the annual inflation is seen accelerating to 7.8%, according to a median forecast of the country’s association of financial and banking analysts AAFBR.

Oxford Economics Revises Up Romania’s 2011 GDP Growth To +0.1%

16:32, 16 Feb. 2011
Oxford Economics revised its forecast for Romania’s economic growth in 2011 from a negative 1% to a “marginal” increase of 0.1%, but warned that the main growth catalyst, the exports, is also a vulnerability.

Romania’s Top Two Road Passenger Carriers Expect 10% Growth This Year

13:13, 13 Feb. 2011
Romania's top two road passenger transporters expect 10% higher turnover this year, one of them hoping for a better economic environment, the other counting on people traveling in search of work.

WB Unlikely To Revise Romania 2011 GDP Forecast After Review Mission

13:23, 03 Feb. 2011
The conclusion of the World Bank’s review mission on Romanian economic and fiscal progress under a EUR20 billion international bailout will not prompt a revision of the country’s growth forecast for 2011, an official of the World Bank said Thursday.

ING: Romania Likely To Miss 2011 Deficit Target

13:16, 29 Nov. 2010
Romania has set “ambitious” targets for its 2011 budget, but chances are the government will miss its deficit cap of 4.4% of gross domestic product, because of weaker-than-expected economic performance.

ING Ups Romanian GDP Growth Forecast To -1.6% In 2010

16:40, 15 Nov. 2010
ING Bank Romania has lifted its forecast on Romanian gross domestic product growth to minus 1.6% in 2010, on better-than-expected third quarter GDP data, the lender said in a report Monday.

PwC Sees Romanian GDP Growing 1.6% In 2011

12:47, 03 Nov. 2010
Romanian economy is likely to grow 1.6% in 2011, ending a two-year recession period, but the country’s annual inflation is seen easing only to 5.4% next year, above the central bank’s upper band target of 4%, a PricewaterhouseCoopers (PwC) survey showed Wednesday.

EIU Cuts Romania GDP Forecast To -1.2% In 2010

12:44, 17 Sept. 2010
The Economist Intelligence Unit (EIU) has revised down its forecast on Romanian economy to minus 1.2% this year, from a decline of 0.6% previously, according to an EIU report.

Romania’s Annual Inflation Decreased To 4.3%-4.4% In June, To Hit 7% In July – Analysts

19:14, 11 Iul. 2010
Romania’s annual inflation decreased to 4.3 – 4.4% in June, from 4.42% in May, and is expected to hit about 7% in July, economic analysts said.

Fitch: Romanian GDP To Shrink 1% In 2010

13:14, 15 Iun. 2010
Fitch Ratings estimates Romanian economy will decline 1% this year, visibly less compared with a 7.1% contraction in 2009, but the agency rules out a significant raise of the country’s sovereign rating in the coming period.

ING Sees Weaker Romanian Leu In 12 Months

11:27, 07 Iun. 2010
ING Bank revised downward its outlook on the Romanian leu in the next 12 months, predicting the leu will trade at 4.35 per euro, from RON3.9/euro seen previously, mainly due to difficult fiscal and economic conditions.

EBRD Lowers Romania’s 2010 Econ Growth Forecast To Zero From Previous 1.3%

13:16, 15 Mai 2010
The European Bank for Reconstruction and Development (EBRD) has lowered its forecast on Romania’s 2010 economic growth to zero from a previous forecast of 1.3%, citing limited internal demand expected after the country’s austere budget gap tightening measures.

Romania Fin Min: IMF Forecast On ’10 GDP Growth May Be Optimistic

16:46, 27 Apr. 2010
The International Monetary Fund’s latest forecast on Romania’s economic growth of 0.8% this year, recently revised down from 1.3%, may be too optimistic, the country's Finance Minister Sebastian Vladescu said Tuesday.

IMF Cuts Romania’s 2010 Growth Forecast To 0.8%

20:11, 15 Apr. 2010
The International Monetary Fund on Thursday cut its growth forecast for Romania this year to 0.8% from 1.3% previously, due to weaker-than-expected economic results in the last quarter of 2009 and feeble consumption.

Romania’s BCR Revises Up 2010 Economic Forecast To Near 2%

13:12, 30 Mart. 2010
Romania’s largest lender Banca Comerciala Romana, or BCR, Tuesday revised upward its forecast on economic growth to 1.9% in 2010 from 0.6% previously, as private investments are seen picking up.

Romanians To Spend RON96B In Retail Stores This Year, Up 7% On ’09 – Euromonitor

17:14, 26 Mart. 2010
Romanians will spend 96.4 billion lei (EUR1=RON4.0682) this year on food and non-food products, some 7% more than in 2009, and will mostly target modern commerce, which will lead to the bankruptcy of over 900 small stores and boutiques, according to Euromonitor.

Romania Annual Inflation Seen Slowing To 4.6% In February

13:46, 09 Mart. 2010
Romanian annual inflation is expected to narrow to 4.6% in February from 5.2% a month earlier, according to estimations of the country’s association of financial and banking analysts AAFBR.

A 1.5% GDP Growth In 2010 Seen Healthy For Romania – BRD

14:28, 26 Feb. 2010
An economic growth of around 1.5% in 2010 would be a healthy recovery for Romania after last year’s steep correction, officials of Romania’s second largest lender BRD-Societe Generale said Friday.

Romania’s Ctrl Bk Ups ’10 Inflation Forecast At 3.5%

12:05, 05 Feb. 2010
Romania's central bank raised its forecast on 2010 inflation to 3.5%, from the previous 2.6%, central bank governor Mugur Isarescu told a news conference Friday.

IMF Ups Romania GDP Growth Forecast To -7% In ‘09, +1.3% In ’10

12:21, 17 Dec. 2009
The International Monetary Fund revised up its forecast on Romania's economic growth for 2009 and 2010, saying the economy looks better than a month ago on the backdrop of a stronger foreign demand.

IMF Ups Forecast On Romania ‘09 GDP, Sees 7.5%-8% Contraction

14:59, 06 Nov. 2009
The International Monetary Fund upgraded its forecast on Romania’s economic growth this year, expecting now a contraction of 7.5%-8%, from 8%-8.5% previously estimated, IMF mission’s head Jeffrey Franks said Friday.

Romania To Have 1 Million Jobless People Next Year – Ex Labor Min

13:38, 29 Oct. 2009
Romania’s former liberal labor minister Mariana Campeanu said Thursday the government has not adopted any measure this year to prompt economic revival and the country might have one million jobless people next year.

IMF Revises Dn Romanian ’10 External Gap Forecast To 5.6% Of GDP

11:21, 01 Oct. 2009
The International Monetary Fund revised its 2010 forecast on Romania’s current account deficit to 5.6% of the gross domestic product from 6.5% of the GDP previously estimated, according to the fund’s latest World Economic Outlook released Thursday.

Romania Ctrl Bk’s Costs To Keep Leu Stable Seen At EUR4.5B Over Past Yr – ING

14:41, 17 Sept. 2009
Romania’s central bank might have spent approximately EUR4.5 billion since last fall to keep the leu exchange rate stable, but the move was “necessary” to ensure financial stability, according to an ING Bank report.

Romanian Household Lending Likely To Recover In Q3 – Survey

13:55, 08 Sept. 2009
Romanian household lending is likely to pick up the pace in the third quarter, but banks expect a further decrease in corporate loans, according to a central bank survey.

Romanian Leu Seen Falling On Uneven Wage In Public, Pvt Sectors – ING

14:23, 07 Sept. 2009
The Romanian leu is likely to lose ground against the foreign currencies in the coming months, pressured by discrepancies between wage in the public and private sectors, ING Bank said in a report Monday.

Moody’s Sees Romania Inflation At 4.4% In 2009

15:40, 02 Sept. 2009
Moody’s forecasts Romanian inflation will reach 4.4% at the end of 2009, slightly above central bank’s estimation of 4.3%, according to a ratings agency's report released Wednesday.

Romanian Meteorologists Widen Code Yellow Warning To Include Most Counties

13:29, 11 Iun. 2009
Romanian meteorologists widened the code yellow warning for rains and storm to include almost all Romanian counties and Bucharest, and the warning is valid between Thursday, 15.00 local time, and Friday, 18.00 local time.

Citi Sees Romanian Leu At RON3.95 Vs Euro By Yearend

13:48, 12 Mai 2009
Citi analysts revised down their forecast on Romanian leu exchange rate at the end of 2009, at RON3.95 to the euro, from its previously estimated RON4.2 against the euro, the bank said in a report.

IMF Sees Romania’s GDP Growth At +5% In ’11, On Local Demand

11:12, 05 Mai 2009
The International Monetary Fund sees Romania’s GDP contracting by 4.1% in 2009, stagnating in 2010, before recovering to a 5% growth in 2011, amid increasing domestic demand.

EC Sees Romania’s ‘09 Budget Def At 5.1% Of GDP Vs 7.5% Of GDP In Previous F’cast

13:54, 04 Mai 2009
The European Commission revised down its forecast on Romania’s budget deficit in 2009, at 5.1% of the gross domestic product, from previously seen 7.5% of GDP, according to the Commission's economic spring forecast released Monday.

EC Sees Romania’s Average Inflation At 5.8% In ’09

13:53, 04 Mai 2009
The European Commission revised slightly down its forecast on Romania’s average inflation rate in 2009 to 5.8% from 5.7% it estimated in January.

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.