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GDP growth of just 2.1% in 2014, due to a poor agricultural year

The local economy could advance by 2.1% next year, a slight slowdown from the 2.4% growth expected in 2013, driven mainly by adjusting the contribution of agriculture

Thus, Romania will have to manage in 2014 without the positive impact of a good agricultural crop that has contributed significantly to the GDP this year. The alternation model makes it possible to harvest even a sensitive weaker crop, creating pressure on other sectors to compensate for the relative under-performance of agriculture.

 

Please read the full analisys in Romanian, here.

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