slows
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Economy slows, foreign deficit soars, while the RON falls
Economic growth registered a mere 5.6% increase in the second quarter and only a 5.8% increase in H1, much lower than analysts expected for the second quarter in a row. Fifteen analysts and...
Industry slows down in June and H1
The plus registered by industry dwindled during the first half of this year. Production growth slowed down to 6.1% in the first half, from 7.7% in the first 3 months, in line with data relea...
Average bank salary increase slows down
Wage increases on the local market have recently slowed down to the lowest rates registered in the last few years. The wages for bank employees rose by a mere 12% in the first quarter of thi...
Construction continues explosive growth, retail slows down
The construction market continued its record growth in March, adding 32.7% since March 2006, that is the fastest pace of the last 17 years, according to the data revealed by the National Sta...
Deficit growth slows down in May
Deficit growth slows down in May
Dacia slows down on the domestic market
Sales of Dacia cars on the domestic market decreased by approximately 16% in the first four months of this year, from 39,309 units to 33,855 units, while production rose 16%, from 54,357 to...
Consumer credit slows down
Consumer credit slowed down in October, after foreign currency lending, the main growth engine, was tempered by the enforcement of the NBR''s norms. Consumer lending in foreign currency went...
Current account deficit slows down
The current account deficit increased by 739 million euros in September, to nearly 4bn euros for the first nine months, provisional data from the National Bank of Romania reveal. The growth...
Foreign reserve growth slows in September
Foreign reserve growth slows in September