BT Analyst: GDP Growth Rate Decrease In 2Q/2019 Is Due To Deterioration Of Climate In Retail, Industry

08.14.2019 By Ecaterina Craciun

The decrease of the economic growth rate in the second quarter of 2019 was due to a deterioration of the climate in the retail trade and industry, Andrei Radulescu, macroeconomic analysis director with Banca Transilvania (BT), stated Wednesday after the country's statistics board INS released Wednesday a flash reading on second-quarter GDP growth.

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Keywords:
Andrei Radulescu
, GDP growth
, retail
, industry

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