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Romanian Economic Monitor economists revise GDP growth forecast down to 1.8% in 2024

September 25, 2024

Romania's GDP will grow only 1.8% in 2024, according to economists of the Faculty of Economic Sciences and Business Management of Babeș-Bolyai University in Cluj-Napoca, which runs the Romanian Economic Monitor (RoEM) research project. The figure is lower than the initial forecast of 3%, despite the positive trends recorded in the first half of the year - the increase in domestic demand, mainly stimulated by the real increase in the population's income, as well as the gradual reduction of inflation.

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The text of this article has been partially taken from the publication:
https://www.romania-insider.com/romanian-economic-forum-gdp-forecast-2024
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