Recovering Purchasing Power Will Underpin Romania’s Short-Term Growth
Country Risk / Europe / Mon 29 Apr, 2024
Key View
- We forecast that Romanian real GDP growth will accelerate modestly from 2.1% in 2023 to 2.7% in 2024 and 3.0% in 2025.
- We see easing pressures on real purchasing power driving private consumption to contribute 2.4 percentage points to headline growth in 2024, up from 2.0pp in 2023.
- However, after a temporary positive contribution to growth in