Romania GDP Growth Eases in Q2 

Figures

Romania's economic growth moderated as initially estimated in the second quarter, data from the Bucharest-based National Institute of Statistics (INS) showed on Wednesday.

On an unadjusted basis, GDP expanded 5.3% annually in the June quarter, slower than the 6.4% rise in the preceding three-month period.

That was in line with flash data published on August 17. On the expenditure side, total final consumption grew 4.6% annually in the second quarter and gross fixed capital formation increased 0.6%.

Meanwhile, net exports showed a negative growth of 7.2%, as imports grew more rapidly than exports.

Similarly, seasonally adjusted GDP growth slowed to 5.3% from 6.4% in the previous quarter, confirming the previous estimate. 

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