Monitoring Romania
We have revised our 2023 GDP forecast from 2.5% to 1.5% based on a slightly disappointing first half of the year
Economic growth in Romania slows
We expect growth to remain weak in the second half of the year and the economy to grow by only 1.5% year-on-year in 2023
Romania: Robust retail sales in September bode well for strong third-quarter…
Romanian retail sales recovered in September advancing by 1.7% versus the previous month. While this growth was not particularly spectacular, it is enough…
The 8.3% year-on-year acceleration in December was the strongest in nine months, marking a very good fourth quarter for Romanian retailers. For the year,…
Consumption surge was confirmed for the first quarter of 2019: +8.5% versus the same period of 2018. But how come this good news is actually not so good?
Romania retail sales: attempting a comeback