Page 10 - Economic Outlook Romania 2019
P. 10
Scarce labour supply, costlier capital, tighter
policies. ING forecast: 3.0% growth in 2019
Consumption to slowdown on: trimmed Lower cruising speed on external demand.
expectations, wealth effect, higher rates. Weakness across the board.
10
10
8.8 8.8
8 8
6.7
6.0 6.1
6 5.7 6.7
4.8 6.0
4.3 4.3 4.3 4.0 4.1 4.3 4.5 6
3.8 4.0 5.7 6.1
4 3.3 3.4
4.5
4.3 4.8 4.1 4.3
2 4 3.8 4.3 4.3
4.0 4.0
3.4
3.3
0
2
-2
0
-4
-6
4Q14 2Q15 4Q15 2Q16 4Q16 2Q17 4Q17 2Q18 4Q18 -2
4Q14 2Q15 4Q15 2Q16 4Q16 2Q17 4Q17 2Q18 4Q18
Private consumption Public consumption
Agriculture Industry Constructions
Fixed investment Series7
Net exports GDP (%YoY) All services Others GDP (%YoY)
10
