BT: Private Consumption To Reduce Growth Rate To 4% In 2019; Comeback To 5% Expected As Of 2020

01.07.2019 By Ecaterina Craciun

Private consumption will reduce its growth rate to 4% in 2019, versus 10% in 2017 and 6.3% in 2018, against the backdrop of a rebalancing of the economic policy, the normalization of the monetary policy in 2018 and the fiscal-budget consolidation expected in 2019, Andrei Radulescu, macroeconomic analysis director with Banca Transilvania (BT), said Monday.



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Keywords:
BT
, private consumption