GDP GROWTH
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Prognosis Commission Keeps Romania’s GDP Growth Forecast At 2.8% In 2023; Cuts Year-End Inflation Outlook To 7.4%
Romania’s national commission for prognosis and statistics in its spring report revised downward its projection for the country’s inflation to 7.4% at the end of 2023 from a previous project...
Eurostat: Romania Posts Fourth Highest GDP Growth In The EU In 4Q/ 2022
Among the European Union Member States, the highest economic growth in the fourth quarter of 2022 compared to the third quarter of 2022 was recorded by Greece (1.4%), Malta (1.2%), Cyprus (1...
Romania’s Economy Grows 4.8% YoY In 2022
Romania's gross domestic product (GDP) grew by 4.8% in real terms (in unadjusted data) in 2022 as compared to 2021, provisional (1) estimates from the country’s statistics board INS showed o...
Romania's Central Bank Says GDP Growth Will Slow Down Significantly In 2023, But Will Recover In 2024
Romania's economic growth will slow down significantly in 2023, but will revive in 2024 more than previously anticipated, according to the minutes of the monetary policy meeting of the Board...
World Bank Sees Romania’s GDP Growing By 2.6% In 2023 And By 4.2% In 2024
Romania's economy is expected to grow by 2.6% in 2023 and by 4.2% in 2024, according to the World Bank's Global Economic Prospects report.
Banca Transilvania Sees Romania’s Economy Growing 2.4% In 2023 And 3.7% In 2024
Banca Transilvania, Romania’s largest lender by assets, has revised its forecast on the evolution of Romania’s economy and sees the country’s GDP growth tempering at 4.6% in 2022 and at 2.4%...
Eurostat: Romania Had One Of The Highest Annual GDP Growth Rates In The EU, Of 4.7%, In Q3/2022
Romania had one of the highest annual economic growth rates in the European Union, of 4.7%, in the third quarter of 2022, being outpaced only by Ireland (10.6%), Croatia (5.5%), Cyprus (5.4%...
European Commission Lifts Romania's 2022 Economic Growth Forecast To 5.8% In 2022
Romania’s economy is expected to expand by 5.8% in 2022, as compared to a 3.9% growth rate projected in July, the European Commission (EC) said in its Autumn 2022 Economic Forecast report re...
OTP Bank: Romania’s GDP Growth Seen Below 5% In 2022 And At 2.3% In 2023
Romania’s economic growth is slowing down as the market tries to adapt to high energy prices, with a GDP growth estimated at 5% in 2022 and at 2.3% in 2023, according to an analysis by lende...