Third Quarter Macroeconomic Data Restores Analyst Optimism About Full-Year Growth

11.01.2011 By Cristian Hostiuc , Sorin Pâslaru , Razvan Voican , Claudia Medrega

The better than expected economic growth in the third quarter, which President Traian Basescu puts at 3%, is driving analysts’ estimates for the entire year up towards 2% compared with 1.5% as officially estimated, after two years during which the economy had struggled to get out of recession.

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Keywords:
MACROECONOMICS
, GDP
, FORECAST
, AGRICULTURE

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