Statistics
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Head of Statistics Institute sees growth in Q3 and W-shaped recession
The economy could get out of recession at the end of the third quarter, after a new increase in the GDP, but the last quarter might see decline, hence a W-shaped trend, said Vergil Voineagu, National Statistics Institute (INS) chairman.
Economy will look better only in statistics
Salaries will rise by less than the inflation rate this year, and lending will not be resumed very easily due to the lack of demand, believes Lucian Anghel, chief economist of the BCR.
Banks' thirst for RON raises deposit interest rates to almost 11%
Bankers face strong competition on deposits attracted rather than on sale of credits, after the RON excess on the interbank market dried up. Banks paid average interests of almost 11% a year...
Statistics to include new living standards indices
The National Statistics Institute (INS) will introduce additional statistical indices by the end of the year, which will be used to measure the living standards of the people, the new chairm...