“We (the lender, ed.n.) also cut the economic growth projection for 2022 to 4% from 4.5% previously, with a risk of decline, because the impact of the fourth quarter of 2021 may weigh in considering that the economy seems to going through a stable period”, Ciprian Dascalu, chief economist at BCR, said in a report.
Romania’s gross domestic product (GDP) grew 7.2% in real terms (in unadjusted data) in the third quarter of 2021 as compared with the third quarter of 2020, and by 8.0% in seasonally adjusted data, INS said Tuesday.
In January-September 2021, the country’s GDP increased by 7.1% in real terms as compared to the same period of 2020, and by 6.8% in seasonally adjusted data.
In the third quarter of 2021, as compared to the previous quarter, Romania’s GDP inched up 0.3%.