1Q2004 2Q2004 3Q2004 4Q2004 1Q2005 2Q2005 3Q2005 4Q2005 1Q2006 2Q2006 3Q2006 4Q2006 1Q2007 2Q2007 3Q2007 4Q2007 1Q2008 2Q2008 3Q2008 4Q2008 1Q2009 2Q2009 3Q2009 4Q2009 1Q2010 2Q2010 3Q2010 4Q2010 1Q2011 2Q2011 3Q2011 4Q2011 1Q2012 2Q2012 3Q2012 4Q2012 1Q2013 2Q2013 3Q2013 4Q2013
15%
10%
-6%
-8%
PIB real - %YoY
-2%
0% 30.3%
30.2%
30.0%
28.7%
28.6%
28.2%
27.6%
27.9%
29.2%
28.7%
28.4%
28.1%
29.5%
10.5%
10.9%
11.1%
11.2%
11.6%
11.6%
11.7%
11.8%
11.4%
11.1%
11.6%
11.6%
12.7%
13.5%
13.5%
14.0%
19.3%
19.2%
18.5%
18.5%
19.8%
7.2%
7.5%
7.4%
7.6%
7.9%
8.2%
8.3%
8.1%
8.0%
7.5%
7.6%
8.2%
8.6%
8.9%
9.5%
9.2%
5.4%
6.5%
5.1%
5.6%
4.9%
4.4%
5.1%
5.0%
5.4%
5.7%
7.4%
60%
30.0
6.6%
7.3%
6.3%
5.7%
30.5
6.8%
7.2%
6.5%
8.8%
65%
6.8%
6.2%
5.4%
5.8%
6.2%
7.5%
7.2%
8.0%
8.3%
5.4%
5.9%
5.0%
9.8%
10.7%
10.7%
11.8%
10.9%
11.0%
11.0%
10.2%
10.0%
9.6%
9.0%
8.8%
8.2%
7.8%
7.4%
8.2%
45.4%
46.4%
46.0%
47.6%
47.4%
46.9%
47.4%
46.8%
45.6%
45.2%
46.5%
47.2%
43.8%
43.6%
43.8%
41.3%
40.6%
39.4%
39.2%
38.7%
39.8%
40.1%
38.9%
40.9%
40.3%
40.2%
41.4%
39.2%
40.9%
40.2%
40.1%
40.7%
40.8%
tel +40(264) 43 05 64; int 225
28.4%
27.7%
26.8%
24.0%
24.1%
24.3%
24.2%
22.3%
30% 19.2%
19.6%
18.8%
19.8%
19.9%
19.2%
19.4%
19.0%
19.1%
19.2%
7.1%
41.3%
41.2%
Dan Rusu, CMT - Head of Research
23.2%
23.6%
23.8%
24.5%
24.6%
24.3%
25.2%
24.6%
24.8%
24.9%
19.3%
7.6%
8.5%
●
24.7%
7.1%
6.7%
50%
19.2%
18.8%
40.1%
38.6%
39.4%
40.5%
41.1%
saptamanal, nr.207, 10 martie 2014
25.3%
24.8%
8.9%
10.8%
13.0%
12.0%
10.8%
10.5%
80%
6.7%
6.3%
6.2%
6.3%
6.2%
6.3%
85%
18.3%
18.0%
17.2%
17.2%
17.5%
90%
24.9%
24.9%
24.9%
25.1%
35% 17.1%
45%
25.1%
55%
25.0%
95%
1Q2004 2Q2004 3Q2004 4Q2004 1Q2005 2Q2005 3Q2005 4Q2005 1Q2006 2Q2006 3Q2006 4Q2006 1Q2007 2Q2007 3Q2007 4Q2007 1Q2008 2Q2008 3Q2008 4Q2008 1Q2009 2Q2009 3Q2009 4Q2009 1Q2010 2Q2010 3Q2010 4Q2010 1Q2011 2Q2011 3Q2011 4Q2011 1Q2012 2Q2012 3Q2012 4Q2012 1Q2013 2Q2013 3Q2013 4Q2013
indexwatch email dan.rusu@btsecurities.ro
focus
Industria a asigurat 2.3 din cele 3.5 procente de crestere economica in 2013 Industria romaneasca a ajuns in 4Q13 la o pondere de 30.3% din PIB
ponderea principalelor categorii de resurse in PIB (%); PIB real - preturi medii ale anului 2000, serie ajustata sezonier (mdRON) 100%
34.0
altele
agricultura
constructii
comert
40%
5%
0%
33.5
33.0
32.5
32.0
75% industrie
31.5
70% PIB real - mdRON [rhs]
31.0
29.5
29.0
28.5
28.0
27.5
27.0
25%
26.5
20%
26.0
25.5
25.0
© BT SECURITIES
24.5
24.0
10%
8%
6%
4%
2%
© BT SECURITIES
-4%
PIB real - %QoQ
-10%
sursa: INS
1