Country Economic Forecasts > Romania - Oxford Economics Services

Country Economic Forecasts > Romania

Country Economic Forecasts > Romania - Oxford Economics Services
Country Economic Forecasts > Romania
Published Mar 23, 2016
8 pages — Published Mar 23, 2016
Price US$ 185.00  |  Buy this Report Now

About This Report

  
Abstract:

The Romanian economy will continue its strong performance in 2016, with GDP growth now forecast at 3.9%, up slightly from our projection last month. This follows Q4 2015 GDP figures that surprised on the upside, posting a 1.1% rise on the quarter to give overall 2015 growth of 3.8%. Growth continues to be driven by domestic demand, seen accelerating to 6.3% this year, led by private consumption, which is also expected to grow 6.3% (up from 5.8% in 2015) as a result of fiscal easing measures passed by the previous government.Inflation remains subdued, primarily due to the supply side effects of VAT cuts, which were expanded to all products in January. However, a strong pick-up in prices is expected in H2 2016, as demand pressures pick up considerably. The budget deficit remains a key worry, as pro-cyclical fiscal easing will push output above potential as well as erode government revenues; the path of fiscal policy continues to cause concerns at the IMF and the EC.

  
Source:
Document ID
329810
Format:
PDF Adobe Acrobat
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Sections

Title
Romania:
The following represents a general Table of Contents outline for the Country Economic
Forecast. The actual report may cover any or all of the topics listed below.
- Highlights and Key Issues - four/five paragraphs of analysis covering the
main economic and political issues contained in the subsequent Economic Overview
- Forecast Table showing % changes for the country - with 2 years of historical
data and 4 years of forecast data for the following:
- Domestic demand
- Private consumption
- Fixed investment
- Stockbuilding (% of GDP)
- Government consumption
- Exports of goods and services
- Imports of goods and services
- Unemployment
- Consumer prices
- Current account balance (US$ and % of GDP)
- Government budget (% of GDP)
- Short-term interest rates (%)
- Long-term interest rates (%)
- Exchange rate (vs. US dollar)
- Exchange rate (vs. euro)
- Economic Overview - two pages of events-driven analysis highlighting the
most recent economic activity and, where relevant, political developments of the
country, detailing significant changes to Oxford Economics' forecasts
- Charts and Tables - covering a full range of economic developments relevant
to the time period covered. These could include such topics as:
- Contributions to GDP growth
- Monthly industrial output
- Business and consumer confidence
- Unemployment rate
- Retail sales
- Prices and earnings
- Consumption and investment
- Government balance and debt
- GDP and industrial production
- Monetary policy and bond yields
- Background Information on the country
- One or two pages of text covering the main historical political and economic factors
that determine the country's current position
- Key Facts on the country
- Map of the country
- Key political facts
- Long-term economic and social development - changes since 1980
- Structure of GDP by output - latest year
- Long-term sovereign credit ratings and outlook
- Corruption perceptions index- latest year
- Structural economic indicators - changes since 1990
- Destination of goods' exports -prior years - latest year
- Composition of goods & services exports - latest year

Table Of Contents

Oxford Economics Services—Oxford Economics is a leading economic forecasting consultancy, producing macroeconomic and industry forecasts, analysis and data on 175 countries.

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Cite this Report

  
MLA:
Oxford Economics Services. "Country Economic Forecasts > Romania" Mar 23, 2016. Alacra Store. May 19, 2025. <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-Romania-2111-5795>
  
APA:
Oxford Economics Services. (2016). Country Economic Forecasts > Romania Mar 23, 2016. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-Romania-2111-5795>
  
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