Romania's economy expanded at a faster-than-expected pace in the first quarter, latest data showed Wednesday.
Gross domestic product (GDP) increased a seasonally and calendar-adjusted 1.4 percent on an annual basis in the first quarter, preliminary data released by the National Institute of Statistics showed. The rate of growth was bigger than the 1 percent expansion economists had forecast.
On an unadjusted basis, GDP advanced 2.1 percent year-on-year during the three-month period, data showed.
The statistical office said that an updated version of the GDP report will be published on June 5.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.