Romania’s GDP Growth Flat In Q1 2018 Vs Q4 2017, Analysts Revise Forecasts

05.16.2018 By Adelina Mihai

Romania’s GDP only rose 4.2% in the first quarter compared with the first quarter of 2017, while analysts expected 5.4%. The economy is losing steam fast due to the rise in borrowing costs and a slowdown in exports to the eurozone.

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Keywords:
economic growth
, stagnation
, forecast
, revision