According to OTP analysts, the Romanian economy is expected to grow by 4 percent this year

By: Trademagazin editor Date: 2022. 06. 24. 11:15

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Analysts at OTP Bank Romania say growth in the Romanian economy will slow this year due to high inflation, stagnant real wages, slowing global growth and the Russia-Ukraine conflict, but strong economic results in the first quarter will suffice with an estimated 4 percent annual GDP growth despite the fact that the performance of the economy is expected to decline in the coming quarters, the bank said in a statement.

OTP expects four percent growth in Romanian economy

According to a statement sent to MTI’s Bucharest office on Friday, the macroeconomic indicators released in the first half of the year were surprising in terms of economic performance, as market expectations were more likely to adjust to GDP growth after stagnation in the second half of 2021. (MTI)