Consumption in Romania

Romania Consumption | Economic News & Forecasts

Romania - Consumption

Growth moderates in Q2 but remains strong nonetheless

Romania’s economy grew 4.4% year-on-year in the second quarter, according to a preliminary estimate released by the Statistical Institute on 14 August. Although this was down from the first quarter’s 5.0% outturn, the print overshot analysts’ expectations and comfortably exceed the Eurozone average of 1.1%.

In seasonally-adjusted terms, the economy grew 1.0% quarter-on-quarter (Q1: +1.2% quarter-on-quarter s.a.).

Comprehensive second-quarter national accounts will be released on 6 September.

FocusEconomics Consensus Forecast analysts see growth at 3.3% in 2019, which is unchanged from last month’s forecast. For 2020, analysts see growth at 2.9%.

Romania - Consumption Data

2013  2014  2015  2016  2017  
Consumption (annual variation in %)1.9  4.2  5.8  8.4  10.0  

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Romania Facts

Bond Yield4.370.23 %Jul 31
Exchange Rate4.25-0.34 %Jul 31
Stock Market9,204-0.59 %Jul 31

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