Romania 2010 GDP Fall Revised Down To 1.3% -
 Home Page  | News  | Exchange Rates  | Interbank Rates  | Central Banks  | Capital Markets Authorities  | Romanian Banks  | Archive  | Romanian  
 Finance-Banks  | Economy  | Business  | Capital Markets  | Real Estate  | Cars  | Travel  | HR Careers Education  | Media  | IT & C  | Environment 

News » March, 2011 » 3 March 2011

Romania 2010 GDP Fall Revised Down To 1.3%
03.03.2011, 11:08 | Economy | 826 views

The Romanian economy shrank more than previously thought in 2010, largely due to declines in the constructions, retail and services sectors, revised figures showed Thursday.

Gross domestic product declined by 1.3% during 2010, compared to a contraction of 1.2% initially estimated, according to fresh data from the National Statistics Institute (INS).

However, the fall was les severe than authorities had expected. Official forecasts pointed to a 1.9% economic contraction for 2010.


Latest news in category Economy

15.12.2015, ora 00:00 | 679 vizualizări
Industrial output in the Eurozone rises more than expected
The industrial output in the Eurozone has increased above expectations in October, after dropping for two months in a row, which could mean that the expansion in the region may have accelerated towards the end of the year, according to Eurostat. read more...

10.12.2015, ora 00:00 | 706 vizualizări
Germany's imports and exports, in decline
Germany's trade with the rest of the world has slowed down in October, as its exports and imports fell compared to September, due to the difficulties on the emerging markets, especially in China, Brazil and Russia. read more...

10.11.2015, ora 00:00 | 569 vizualizări
OCDE cuts estimates concerning the growth of the world economy
The Organization for Cooperation and Economic Development (OCDE) has worsened its estimates concerning the growth of the world's economy, for the second time in the last three months, as the slowdown of the emerging markets is affecting other countries as well, such as Germany and Japan. read more...

Subscribe to newsletter
News: Yes  No 
Exchange Rates: Yes  No 

Top news last 7 days

Publicitate pe acest site
Copyright 1999-2020 Pandora Impex SRL.