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Analysis by Region - Emerging Markets - Romania

Publisher Oxford Economics
Published Mar 22, 2022
Length 7 Pages
SKU # OFE17050042

Description

Analysis by Region - Emerging Markets - Romania

Economic growth in Q4 2021 has been revised to a 0.1% q/q contraction from a 0.5% q/q decline previously. Following downward revisions to previous quarters in 2021, GDP growth has been revised down to 5.8% from 6.1% last month. All Covid containment restrictions have now been removed in Romania, although the conflict in Ukraine will have a negative impact on growth through increased inflationary pressures and supply chain issues. Therefore, we have cut our 2022 GDP growth forecast by 0.5ppts to 3%, but downside risks to our forecast remain.

Table of Contents

7 Pages
Romania: GDP growth in 2022 revised down to 3% from 3.5%
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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