logo
Plus   Neg
Share
Email

Romania Q3 GDP Growth Revised Up

Romania's economy recovered at a faster than estimated pace in the third quarter, second estimates from the National Institute of Statistics showed Tuesday.

Gross domestic product grew 5.8 percent sequentially in the third quarter instead of 5.6 percent estimated previously. The economy had contracted 12.2 percent in the second quarter.

On a yearly basis, GDP fell 5.7 percent after falling 10.3 percent in the second quarter. The rate was revised from 6 percent.

During the first three quarters of 2020, GDP was down by real 4.5 percent from the same period last year.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT