Its previous estimate, 3.2% was from before the start of the war in Ukraine.
Romania ranks third by economic performance estimates among CEE countries, after Hungary, which should see growth of 4.8% and Austria, 3.5% this year.
The Erste report also shows Romania should record 10.2% inflation rate, behind only the Czech Republic, 11.7%. Austria is at the other end of the spectrum, with 5.5% expected inflation.
(English version by Loredana Fratila-Cristescu)