Trademagazin > News and articles > Market News > According to OTP analysts, the Romanian economy is expected to grow by 4 percent this year
According to OTP analysts, the Romanian economy is expected to grow by 4 percent this year
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)
Related news
Banks have introduced new measures to increase cybersecurity
Hungarian financial institutions, OTP and K&H Bank, would strengthen the…
Read more >Agrometeorology: Night frosts to return next week
Further heavy rain is expected until the end of the…
Read more >Concorde and OTP both recommend AutoWallis shares for purchase with an increased target price
Following Concorde Securities, OTP Bank also updated its analysis of…
Read more >
More related news >
Related news
Márton Nagy: the government would introduce margin restrictions for stores selling household goods
The government may discuss on Wednesday and is expected to…
Read more >More expensive Barbie, thinner Heinz – Trump’s tariffs redraw the global consumer market
The impact of Donald Trump’s tariff policy is affecting more…
Read more >Almost 20 percent cheaper food? The government is satisfied with the results of the margin reduction
“Thanks to the margin reduction, more and more products can…
Read more >