Business - Economy

Romania: Disappointing Economic Growth

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: © Flickr

“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…

This article includes a total of 728 words.

or Log In

Fast News Search

Join us to succeed in Vienna! Sign up to read articles for free and to get personalized updates on the events that interest you.

Romania: Disappointing Economic Growth

“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.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.