wiiw Forecast Reports

ROMANIA: Economic deceleration to follow the current boom

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Gabor Hunya

in: CESEE Back on Track to Convergence
wiiw Forecast Report No. Autumn 2017, November 2017 , pp. 103-106

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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


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