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- Romania's economic growth accelerated in the three months to June
Romania's economic growth accelerated in the three months to June
According to rttnews, Romania's economic growth accelerated in the three months ended June as initially estimated, latest figures from the National Institute of Statistics showed Tuesday.
Gross domestic product advanced an unadjusted 6.0 percent year-over-year in the second quarter, confirming the flash data, faster than previous quarter's 4.3 percent expansion.
On the expenditure side, total final consumption grew 7.6 percent annually in the June quarter and gross fixed capital formation rose by 2.6 percent.
On a seasonally adjusted basis, the annual economic growth quickened to 5.9 percent from 4.2 percent in the first quarter.
Quarter-on-quarter, GDP expanded at a stable pace of 1.5 percent in the three-month period to June, in line with the flash data published on August 12.
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