Expert-Grup

Economic Reality, No. 27

Politici de creștere economicăRealitatea EconomicăFriday, 27 April 201216800 views

Automatically translated summary. The full text is available in Romanian.

The Composite Leading Indicator (CLI) continued to decline in February, suggesting that growth of the Moldovan economy is slowing and may keep slowing in the coming months. The assessment appears in issue no. 27 of Economic Reality, published by the Independent Think Tank “Expert-Grup”.

The indicator fell by about 1.1 percentage points over the month. According to the excerpt, the main causes were a decline in exports and a halving of the growth rate of remittance inflows.

The repercussions of the eurozone sovereign debt crisis are therefore also visible in the Moldovan economy. They show up in a substantial cooling of external demand and in tensions on the EU labour market, which together weigh on the outlook for economic growth in the months ahead.