Romania: Disappointing Economic Growth

Business › Economy ♦ Published: February 21, 2013; 19:13 ♦ (Vindobona)

“According with the flash estimate, GDP increased marginally in Q4 2012 (+0.2% qoq), which was a touch above our expectations and market consensus”, Raiffeisen Research reports.

Romania: Disappointing Economic Growth / Picture: © Vindobona.org

“However, positive dynamics was at odds with dynamics of the other short-term indicators (most of them declined in Q4). Real GDP increased only by 0.2% in 2012, but plunge in agricultural output weighed a lot on poor performance. We don’t expect a visible improvement in economic activity in Q1 2013, while we see more chances for growth to gain momentum in the second…

or Log In

Fast News Search
Related News
Romania Needs More Time for IMF-Requirements (January 23, 2013)
Romania: Ponta Promises Return to Growth (January 12, 2013)
Romania: Basescu Under Pressure (December 10, 2012)
Romania: EBRD Presses for More Reforms (November 10, 2012)
Romania: Joining Eurozone Will Take up to 30 Years (November 7, 2012)
Read More
Romania, Economic Growth, Fiscal Policy, Forecasts, GDP Gross Domestic Product, Brussels, Investments, Agricultural Industry
Featured
See latest Vindobona Newsletter