Romania GDP growth slows in Q3
Photo by Nataliia Sokolovska/Shutterstock.com
Romania’s economic growth slowed further in the third quarter, data from the countryʼs National Institute of Statistics (INS) shows.
Photo by Nataliia Sokolovska/Shutterstock.com
Gross domestic product grew a seasonally adjusted 0.6% quarter-on-quarter, after a 0.8% increase in the previous three months. Similar growth was last seen in the fourth quarter of 2017.
On a seasonally adjusted basis, GDP rose 3.2% annually in third quarter, after a 4.3% gain in the preceding quarter.
On a non-adjusted basis, GDP grew 3.0% year-on-year in the third quarter versus 4.4% increase in the prior quarter, INS said on November 14.
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