BT Analyst: Private Consumption, Main Component Of GDP, To Grow 5.3% In 2019, Moderate To 5% In 2020-2021

06.05.2019 By Ecaterina Craciun

Private consumption, the main component of the gross domestic product (GDP), will grow 5.3% in 2019, a rate close to last year’s, but it will moderate to 5% in 2020 and 2021, respectively, an evolution sustained by the continuation of the upward trend of the real household disposable income and a more active taxation, stated Andrei Radulescu, macroeconomic analysis director with Banca Transilvania (BT).

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 50 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

Keywords:: Banca Transilvania; , Andrei Radulescu; , private consumption; , GDP

Comment

Username:
Password: