Romania Infrastructure Report Q1 2013 - New Market Report Now Available
BMI View: Romania's economy as a whole is estimated to have grown by 1% in real terms during 2012, according to our Country Risk team's latest macroeconomic outlook; however, it is thought that the construction sector outstripped the economic growth rate. Underpinning our continued relative optimism for the sector, activity in the local construction market expanded by 5.1% year-on-year in August 2012 (and 2.8% month-on-month). As such, we estimate that Romania's construction market expanded by 5.7% in real terms over...
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