GDP growth at 4.9% in Q2 - IPAG

GDP growth stood at 4.9 percent y/y in Q2,  a slight decline compared to 5.2 percent growth in Q1, according to the estimations presented by the Institute for Economic Forecasts and Analysis (IPAG). In 2018 GDP growth is forecasted at 4.5 percent versus 4.6 percent growth a year ago. In Q3 and Q4 IPAG sees GDP growth at 4.4 and 4.0 percent respectively. In 2019 it will further decrease to 3.8 percent,  IPAG estimated.