Romania's Economic Growth Increased Sharply in the Last Three Months

Finance | December 5, 2017, Tuesday // 11:40|  views

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Romania's economic expansion sharply improved during the three months to the end of September, data confirm the preliminary assessment of official national statistics, 24chasa reported.

Romania's gross domestic product grew on a seasonally adjusted basis by 2.6% in the third quarter compared to the previous three months when it expanded by 2%, marking the best growth since the beginning of 2008. On an annual basis, Romania's GDP rose by 8.6% after an expansion of 6.1% in the period April to June.

Uncorrected data reported acceleration of the Romanian economy's growth in the third quarter to 8.8% from 6.1% in the second quarter. This represents the strongest economic expansion in our neighboring country since the third quarter of 2008.

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Tags: Romania, economic, growth


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