In the first three quarters of 2022, Romania’s annual real GDP grew by 4.3%, due to strong gross fixed capital formation and private consumption, which was supported by a strong labor market and wage growth, according to the European Commission. For 2023, the negative impact of still high inflation, tight financing conditions and the slowdown … Continue reading Romania’s annual real GDP to grow by 2,5% in 2023. Inflation to decrease at around 9,7%