Romania: Growth Rates to Exceed Forecasts

Politics ♦ Published: November 6, 2013; 11:37 ♦ (Vindobona)

According to the autumn forecast published by the EU Commission on Tuesday, Romania will exceed the previous estimates.

Romania: Growth Rates to Exceed Forecasts / Picture: © Wikimedia Commons [CC0 1.0] / Pixabay [CC0 Creative Commons]

The country’s economic growth is now expected to come at 2.2. percent this year while earlier it was projected at 1.6 percent. In 2014 growth is supposed to increase by 2.1 percent instead of the anticipated 2.2 percent.

This year’s inflation rate is supposed to come at 3.3 percent on a year-on-year comparison basis, drop to 2.5 percent next year and increase again to 3.4…

or Log In

Fast News Search
Related News
CESEE Region: Booming Exports Prevent Recession (November 5, 2013)
Public Debt: CESEE Countries Below EU Average (October 23, 2013)
Romania and Bulgaria Have Lowest Debt Ratios (October 21, 2013)
Romania: “Aggressive Rate Cuts Likely” (October 12, 2013)
Romania Under Observation (October 9, 2013)
Read More
Romania, Brussels, Economic Growth, GDP Gross Domestic Product, CESEE, Inflation, Labor Market, Budget Deficit, IMF International Monetary Fund, Fiscal Policy
Featured
See latest Vindobona Newsletter