wiiw Forecast Reports
ROMANIA: Economic deceleration to follow the current boom
publication_icon
in: CESEE Back on Track to Convergence
wiiw Forecast Report No. Autumn 2017, November 2017 , pp. 103-106
Economic growth in Romania is expected to climb to 5.7% in 2017 and to
subside to 4.5% in the following two years. Household demand has boomed and
investments have stagnated this year. The most recent measures aim to keep
the fiscal deficit below 3% of GDP. Inflation has returned to positive figures
and is bound to accelerate, putting the National Bank under pressure to hike
the prime rate.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Romania