BCR expecting Romanian economy to advance 3.9 pct in 2012

Banca Comerciala Romana (BCR) has upwardly adjusted its projections of Romania's economic growth in 2012, from 2.6 percent to 3.9 percent, under a BCR specialist report presented on Tuesday by BCR senior economist Lucian Anghel.Private consumption should increase by 1.5 percent in 2011 and by 3.7 percent in 2012, after a 2-precente decrease in 2010. Retail sales should get back to growth - 1.6 percent in 2011 and 3 percent in 2012 - after a 5.3-percent drop in 2010.BCR is also ...

Developed by Codecraftsman