- Romania slipped again into technical recession on disappointing second quarter GDP growth reading
- GDP growth decelerated sharply to 1.2% on a yearly basis in Q2-2014 down from 3.9% in Q1-2014, driven by the weak performance of investments
- The subdued inflation outlook, the persistent negative output gap and the restrictive credit conditions may trigger further 50 bps NBR interest rate cuts by year-end
Romania: Disappointing Second Quarter Output Performance
Emerging Markets Special Focus Reports
29 September 2014
See also
