productivity

According to data from the National Institute of Statistics from the Structural Survey on enterprises active in industry construction, trade and market services, trade activities remain the most profitable in terms of productivity measured as Gross Value Added...
12 februarie, 2024
The business equation that brought farmers out to the streets is the result of 2 years of turbulence that the lack of modernization of the ecosystem and economic chains could not avoid: As seen in the graphs below,...
17 ianuarie, 2024
Salaries in domestic companies continue to grow as staff shortage widens, but remain half the level registered in foreign firms, according to an analysis by Syndex Romania. Below is a comparative table for the two types of capital,...
15 iulie, 2019
Romania’s economy exceeded, at current prices in euros, Portugal’s economy in 2018, a country with a population and a surface two times smaller as Romania. As a result of Romania’s economic growth of 4.1% last year, GDP rose...
24 martie, 2019
Hourly labour costs grew by 13.91% in the third quarter of 2018 compared to the same period in 2017 (+1.53% compared to Q2 2018), according to INS data. It is a slight decrease compared to the previous quarter...
10 decembrie, 2018
For four years now, net wage growth has been much higher than productivity and, as employers’ earnings have not increased with the wage advance disproportion has moved to Romania’s foreign payments. If the employer, whether private or state-owned,...
5 noiembrie, 2018
Wage increases should be based solely on productivity growth and be made „by market force”, not by politicians, the Governor of the National Bank of Romania (BNR) Mugur Isarescu (photo) said on Thursday in the opening of The...
29 octombrie, 2018
Romania climbed last year on the penultimate position among the EU member states in terms of the productivity of resources in the economy, after Bulgaria, according to data released by Eurostat. The score of the duel between European...
17 septembrie, 2018
The hourly labour cost increased in the first quarter of 2018 by 12.72% compared to the same period in 2017, according to the data announced by INS. It is a decreasing pace from a level of 14.29% recorded...
11 iunie, 2018
After it reached, two years ago, among top states that met most economic stability criteria imposed by the Macroeconomic Imbalances Procedure Scoreboard (MIPS), with 13 criteria reached, out of 14 (the net investment position could not be but...
26 martie, 2018
The ratio between the net revenues coming as direct investment in the country and the (chronically negative) current account of Romania’s balance of payments has deteriorated rapidly over the past three years and is heading to values that...
11 septembrie, 2017
The degree of labour force professionalisation in Romania has declined so much that the Romanian economy is heading toward an acute crisis on the market, according to a KeysFin analysis. Statistics indicate that the number of vacancies almost...
7 mai, 2017
Sacrificing investment in the budget execution of the first two months of the year brings the analysis of the „2017 Country Report – Romania”, issued by the European Commission (EC), back to the forefront. Thus, Romanians’ welfare must...
9 aprilie, 2017
1 February 2017: an important day for the labour market. Increasing the national minimum wage from 1,250 lei to 1,450 lei will involve an annual increase of 16% of the minimum cost of labour. That will inevitably have effect...
2 februarie, 2017
The exit of UK from the European Union, abbreviated Brexit, will cause a decrease of the EU’s GDP of about one-sixth but significantly increase the surplus of the EU trade balance. According to Eurostat, in current prices, the...
24 ianuarie, 2017
  Romanians’ purchasing power returned to the benchmark set for October 1990 with the accession to the European Union. From a level of 93.5% in October 2006, this indicator climbed to 109.6% in October 2007 and exceeded the...
4 ianuarie, 2017
Although a good thing apparently, the economic growth, accompanied by an increased number of employed people hides a systemic failure: in Romania, tendency is for the economic sectors relying on unskilled work to strengthen. A keen analysis of...
14 decembrie, 2016
The average net earning announced by INS for October 2016 was 2,108 lei, 14 lei or 0.7% higher than the previous month. Expressed in the single European currency, the average net wage was 467 euros or 942 euros,...
14 decembrie, 2016
The average net salary announced by the National Institute of Statistics on Monday, for September 2016, was 2,094 lei, 18 lei or almost one percent higher than in the previous month. Expressed in the European single currency, the...
9 noiembrie, 2016

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