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Romania : Economic Snapshot - 1Q 2013

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Romania : Economic Snapshot - 1Q 2013

After a contraction in Q3, growth was broadly flat in Q4 (0.1% q/q). Public spending and investment saw a sharp decline, while net exports were positive thanks mainly to a slide in imports. Private consumption also offered some support to growth, but is now negatively affected by the deteriorating labour market.

Source : Cushman & Wakefield

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