Romanian inflation slowing
The rate of inflation in the Romanian economy is showing signs of decline following a period of positive growth, suggesting that investment opportunities could be set for a downturn in the coming future.
Figures from the National Statistics Institute reveal that annual inflation in Romania dipped to 3.66% last month while the trade deficit continues to grow, up 83% in the first two months of 2007 compared to like figures for 2006.
Statistics also show an increase in exports of 12.5%, but imports have also increased by over 31%. This suggests that the economic output of Romania could be slowing, in turn pointing towards a dip in GDP.
For investors looking to buy an overseas property in Romania an economic decline could impact upon property values and the rental potential of buy-to-let investments.
This is supported by trends of Romanian professionals leaving Romania to live and work in other EU member states, following Romania's accession to the EU in January.
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