News » August, 2012 » 15 August 2012
Romania economy expands 0.5 pct in Q2
15.08.2012, 13:42 | Economy | 1344 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
|
Latest news in category Economy
The industrial output in the Eurozone has increased above expectations in October, after dropping for two months in a row, which could mean that the expansion in the region may have accelerated towards the end of the year, according to Eurostat. read more...
Germany's trade with the rest of the world has slowed down in October, as its exports and imports fell compared to September, due to the difficulties on the emerging markets, especially in China, Brazil and Russia. read more...
The Organization for Cooperation and Economic Development (OCDE) has worsened its estimates concerning the growth of the world's economy, for the second time in the last three months, as the slowdown of the emerging markets is affecting other countries as well, such as Germany and Japan. read more...
|
|
