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Romania GDP Q2 2019

Romania: Growth moderates in Q2 but remains strong nonetheless

Romania’s economy grew 4.4% year-on-year in the second quarter, according to a preliminary estimate released by the Statistical Institute on 14 August. Although this was down from the first quarter’s 5.0% outturn, the print overshot analysts’ expectations and comfortably exceed the Eurozone average of 1.1%.

In seasonally-adjusted terms, the economy grew 1.0% quarter-on-quarter (Q1: +1.2% quarter-on-quarter s.a.).

Comprehensive second-quarter national accounts will be released on 6 September.

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