Romanian 2012 GDP Growth Might Be Revised To 2.5%, From 3.5-4% - Ctrl Bk Official

Romania's estimate for economic growth in 2012 might have to be significantly revised downward, to 2.5% from the current 3.5-4%, given the international context and the weaker "traction" of exports, says central bank chief-economist Valentin Lazea.

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Lazea pointed out that the statement was his personal opinion, not the central bank's official position.

Exports rose 25.5% on the year to EUR25.8 billion in January to July, but growth rate was 15 points lower than at the end of the first quarter.

The estimates for Romania's economic growth are 1.5% in 2011 and about 3.7% in 2012.

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