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Macro - Country Economic Forecasts - Romania

Publisher Oxford Economics
Published Apr 26, 2022
Length 7 Pages
SKU # OFE17137291

Description

Macro - Country Economic Forecasts - Romania

Romania's GDP growth is expected to slow to 3.0% this year from 5.8% in 2021 due to fading base effects and fallout from the war. Meanwhile, economic sentiment remained buoyant in March, due to government support for households and SME energy bills which was extended until March 2023 to support private consumption. However, downside risks remain, with inflation rising on the back of increasing commodity prices in the wake of the Ukraine war.

Table of Contents

7 Pages
Romania: High inflation clouds the short-term outlook
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Medium-term outlook
Economic risk
Economic risk evaluation
Risk warnings.
What to watch out for
Exposure to key global risks
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Politics and policy

Pricing

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