The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.

The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.
The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia, Lithuania.

Tuesday, 3 January 2012

Romania Business Forecast Report Q1 2012

Business Monitor International:

Romania’s return to growth has so far been driven primarily by external demand for Romanian exports, and while we expect the recovery to broaden through coming quarters, increased headwinds from theeurozone sovereign debt crisis have prompted us to revise downour 2012 headline growth forecast to 2.5%, from 3.3% previously. ....

We have modestly revised down our 2012 GDP growth forecast to 2.5%, from 3.3% previously. Underpinning this revision is a deteriorating outlook for Romanian exports owing to recession in the eurozone. Domestic demand, however, should remain supportive of economic expansion over the quarters ahead.

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