Banca Transilvania Expects Major Decline Of GDP Growth To 2.8% In 2019 From 4% In 2018

01.04.2019 By Ecaterina Craciun

The annual dynamic of the gross domestic product (GDP) is expected to decelerate from 7% in 2017 to 4% in 2018 and to 2.8% in 2019, respectively, an evolution triggered by a rebalancing of the domestic economic policy and the completion of the external post-crisis cycle, according to the central macroeconomic scenario of Banca Transilvania.

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