Romania's Q2 GDP Expected to Show Positive Quarterly Growth
Romania is expected to report positive quarter-on-quarter GDP growth for the second quarter, which could end the annual contraction seen in prior periods.
EURRON
This week, four Central and Eastern European countries are scheduled to publish flash GDP growth estimates for the second quarter. Among them, Romania is projected to have recorded positive quarter-on-quarter growth.
The anticipated quarterly expansion suggests that the annual contraction observed in previous quarters may conclude, signaling a potential turnaround in the Romanian economy. Markets will watch the data for implications on the leu and monetary policy.
Source: FXStreet Forex News