Estimations: Romania’s economy might go up 4% in first quarter

Analysts estimate an economic growth for Romania between 2 and 4 percent in the first quarter of the year, mainly supported by industrial production, reports local Ziarul Financiar. The good news coming from most macroeconomic indicators in the first months of 2014 triggered some economists improve the forecast for the entire year, while others have struck with their initial predictions. For the entire year, analysts’ estimations on the GDP growth stay between 2 and 3.5 percent, the economy being further supported by the external demand and a recovery in domestic demand. editor@romania-insider.com