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Erste Group Revises Romania’s 2022 GDP Growth Forecast Up To 6%
Macroeconomics

Erste Group Revises Romania’s 2022 GDP Growth Forecast Up To 6%

Erste Group, which owns Romanian lender Banca Comerciala Romana (BCR), has revised upwards its forecast on Romania’s economic growth to 6% in 2022, from a previous projection of 5.1%.

Ecaterina Craciun · 09.09.2022 · 22:15 · 1 min
Romania’s Courier Services Market Seen Overshooting RON6B In 2022
Companies

Romania’s Courier Services Market Seen Overshooting RON6B In 2022

Romania’s courier services market continues its upward trend in 2022 but is expected to see more moderate growth versus the last two years, of just 10%, to over RON6 billion, as per estimati...

Ecaterina Craciun · 16.08.2022 · 16:41 · 1 min
CFA: Romania’s Inflation Rate To Stay In Double-Digit Territory At Least For The Next 12 Months
Macroeconomics

CFA: Romania’s Inflation Rate To Stay In Double-Digit Territory At Least For The Next 12 Months

Financial analysts expect the Romanian leu will depreciate to an average of 5.1165 units to the euro in the next 12 months, while inflation is seen averaging 11.7% during the same period, a...

Ecaterina Craciun · 11.08.2022 · 13:01 · 1 min
European Commission Sees Romania’s Economic Growth at 3.9% in 2022
Macroeconomics

European Commission Sees Romania’s Economic Growth at 3.9% in 2022

Romania’s economy is expected to grow by 3.9% in 2022 and by 2.9% in 2023, the European Commission said in its summer economic forecast.

Loredana Frățilă-Cristescu · 14.07.2022 · 16:46 · 1 min
Erste Revises Romania’s 2022 GDP Growth Forecast Up To 5.1%
Macroeconomics

Erste Revises Romania’s 2022 GDP Growth Forecast Up To 5.1%

Erste Group, which owns Romanian lender Banca Comerciala Romana, on Thursday (June 9) revised upwards its forecast on Romania’s economic growth to 5.1% in 2022, from a previous projection of...

Ecaterina Craciun · 09.06.2022 · 16:10 · 1 min
Romania’s Central Bank Expects Higher Than Forecast Inflation in Dec 2022 and June 2023
Macroeconomics

Romania’s Central Bank Expects Higher Than Forecast Inflation in Dec 2022 and June 2023

The Board of Romania’s central bank is not that optimistic about the trend of the inflation, which will continue to remain extremely high until June 2023. The latest data show inflation will...

Loredana Frățilă-Cristescu · 20.05.2022 · 18:49 · 1 min
Prognosis Commission Cuts Romania's 2022 GDP Growth Projection To 2.9% Amid Ukraine War
Macroeconomics

Prognosis Commission Cuts Romania's 2022 GDP Growth Projection To 2.9% Amid Ukraine War

Romania’s national commission for prognosis and statistics in its spring report revised downward its projection for the country’s economic growth for 2022 to 2.9% from a previous projection...

Ecaterina Craciun · 03.05.2022 · 17:08 · 1 min
Erste Group Revises Romania’s 2022 Economic Growth Forecast Downwards
Macroeconomics

Erste Group Revises Romania’s 2022 Economic Growth Forecast Downwards

Erste Group, which owns Romanian lender Banca Comerciala Romana, on Friday published a report on the economy of the Central and Eastern European countries, in which it revised its forecast f...

Loredana Frățilă-Cristescu · 29.04.2022 · 19:27 · 1 min
Govt Lowers Romania’s 2022 Economic Growth Forecast from 4.3% to 2.9%
Macroeconomics

Govt Lowers Romania’s 2022 Economic Growth Forecast from 4.3% to 2.9%

Romania’s National Commission for Strategy and Prognosis (CNSP) has published the new economic growth forecast for 2022. The new economic growth the government expects is 2.9% instead of the...

Loredana Frățilă-Cristescu · 28.04.2022 · 18:04 · 1 min