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Country Economic Forecasts - Romania

Publisher Oxford Economics
Published Feb 22, 2022
Length 11 Pages
SKU # OFE17033957

Description

Country Economic Forecasts - Romania

The flash estimate indicates that Q4 2021 GDP contracted by 0.5% q/q, a weaker-than-expected result driven by a poor performance in retail sales following the outbreak of the Omicron coronavirus variant. However, Covid cases have begun to fall in February, and the government are expected to begin easing restrictions in March if the number of infections continues to decline. The GDP contraction in Q4 means there is less carry-over into the start of 2022, leading us to lower our 2022 GDP growth forecast to 3.5% from 3.9%.

Table of Contents

11 Pages
Romania: The following represents a general Table of Contents outline for the Country Economic Forecast.
The actual report may cover any or all of the topics listed below.
Highlights and Key Issues
four/five paragraphs of analysis covering the main economic and political issues contained in the subsequent Economic Overview
Forecast Table showing % changes for the country
with 2 years of historical data and 4 years of forecast data for the following:
Domestic demand
Private consumption
Fixed investment
Stockbuilding (% of GDP)
Government consumption
Exports of goods and services
Imports of goods and services
Unemployment
Consumer prices
Current account balance (US$ and % of GDP)
Government budget (% of GDP)
Short-term interest rates (%)
Long-term interest rates (%)
Exchange rate (vs. US dollar)
Exchange rate (vs. euro)
Economic Overview
two pages of events-driven analysis highlighting the most recent economic activity and, where relevant, political developments of the country, detailing significant changes to Oxford Economics' forecasts
Charts and Tables
covering a full range of economic developments relevant to the time period covered.
These could include such topics as:
Contributions to GDP growth
Monthly industrial output
Business and consumer confidence
Unemployment rate
Retail sales
Prices and earnings
Consumption and investment
Government balance and debt
GDP and industrial production
Monetary policy and bond yields
Background Information on the country
One or two pages of text covering the main historical political and economic factors that determine the country's current position
Key Facts on the country
Map of the country
Key political facts
Long-term economic and social development
changes since 1980
Structure of GDP by output
latest year
Long-term sovereign credit ratings and outlook
Corruption perceptions index- latest year
Structural economic indicators
changes since 1990
Destination of goods' exports -prior years
latest year
Composition of goods & services exports
latest year ​

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