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Romania economy expands 0.5 pct in Q2
15.08.2012, 13:42 | Economy | 1202 views
The Romanian economy expanded 0.5 percent in the second quarter of this year as compared to the three months to March, while when compared to April-June of 2011 it advanced 1.2 percent by gross series and 1.7 percent by seasonally adjusted series, show early estimates released by the National Institute for Statistics on Tuesday. “Gross domestic product in the second quarter of 2012 was by 0.5 percent higher than in the first quarter of 2012 in real terms (seasonally adjusted data). When compared to the similar quarter of 2011, the GDP grew 1.2 percent by gross series and 1.7 percent by seasonally adjusted series”, the Institute announced. The Romanian GDP expanded 0.8 percent by gross series in the six months of this year from last Jan.-June and it grew 1.4 percent by seasonally adjusted series. Read more on Financiarul.ro
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