Consumer durables is a cataloguing of consumer goods that are not essential to be bought very often as they are fashioned in a way so as to last for an extended period of time. Profits in the consumer durables sector were most profoundly…
BMI View: In line with Romania's economic outperformance in Europe, the country's pharmaceutical and
healthcare markets will see strong growth given increased consumer spending power and higher healthcare
contributions. However, aggressive drug pricing regulations, including the imminent joint drug
procurement agreement with CEE countries, will limit revenue-earning opportunities.
Headline Expenditure Projections
? Pharmaceuticals: RON14.94bn (USD3.73bn) in 2015 to RON15.89bn (USD3.76bn) in 2016; 6.4% in
local currency terms and 0.7% in US dollar terms. Forecast unchanged from last quarter.
? Healthcare: RON39.05bn (USD9.75bn) in 2015 to RON41.28bn (USD9.76bn) in 2016; 5.7% in local
currency terms and 0.1% in US dollar terms. Forecast unchanged from last quarter.