Sponsored
Article Tools

Romania: GDP Slowed Down in Second Quarter 2013

Published: August 16, 2013; 10:31 · (Vindobona)

Romania: GDP slowed down in Q2, as expected by RBI.

Romania: GDP Slowed Down in Second Quarter 2013 / Picture: © Flickr / Dan Nevill

Flash data shows real GDP expanded by 0.3% qoq sa in 2Q13, matching RBI’s expectations and market consensus. This is the smallest quarterly growth rate in the last three quarters and our calculations hint that the second quarter was the worst since the end of 2011 for GDP excluding agriculture, which reflects the underlying trend of economic activity.

In annual terms, real GDP…

This article includes a total of 380 words.

or Log In

Fast News Search
Related News
Romania Initiates Structural Reforms (August 3, 2013)
Romania: Privatization as a Potential Driver for Economy (July 29, 2013)
Romania: Significant Decline in FDI (May 17, 2013)
Romania Almost Stagnates (February 18, 2013)
Romania: Ponta Promises Return to Growth (January 12, 2013)
Read More
Construction Industry, Imports, Exports, Banking Industry, RBI Raiffeisen Bank International, Economic Growth, GDP Gross Domestic Product, Romania, Industrial Production, Investments, Inflation, Agricultural Industry, Brussels
Featured
List of National Days of the home countries of all foreign Missions and Delegations in Vienna, Austria
See latest Vindobona Newsletter