Erste: Romanian GDP to grow by 3%

17 April 2014

Romania’s GDP is expected to grow by 3 percent this year, exceeding its 2008 growth level, according analysts at Erste. The upward trend is expected to continue for the next couple of years. The only factors that could impact growth, according to the analysts, is an increase in inflation or a decrease in agricultural production. Higher fuel prices may also limit private consumption, they said, while weather conditions could affect income opportunities in rural areas.

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