November 22, 2017

The economic growth estimate at 1.6% in Q3 and 2.7% at nine months – Statistics

The National Statistics Institute (INS) keeps the announced estimate in November regarding the evolution of the GDP. According to the announcement, the economy grew by 1.6% in Q3 against the previous three months and with 4.1% against July-September 2012, so that at nine months the advance is 2.7% supported by industry and agriculture. The GDP – seasonally adjusted data – estimated for Q3 was 158.11 billion current prices, growing in real terms by 1.6% against the previous period and with 4.1% against Q3 of 2012. At nine months the GDP was 467.1 billion lei. As gross series GDP estimated for Q3 was 175.37 billion lei current prices, higher in real terms with 4.1% against Q3 2012, resulting at nine months a new increase of 2.7% of 443.18 billion lei. The statistics will be updated on 10 January the estimate regarding the evolution of economy.

Source: Actmedia (read more)

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