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Romania 3Q GDP Growth Revised Down To 1.8%

Romania’s third quarter gross domestic product grew by 1.8% in seasonally adjusted terms compared with the previous three months, slightly less than previously estimated, revised data from the statistics institute INS showed Tuesday.

Florentina Dragu · 6 decembrie 2011 · 1 min de citit

Preliminary data released in November showed the economy had expanded by 1.9% in the third quarter from a quarter earlier.

Compared with the third quarter of 2010, real-term GDP increased by 4.4% in July through September, INS data showed. The figures were unchanged from last month’s estimate.

The agriculture had a positive contribution of 22.1% to the third quarter economic growth in 2011, while constructions and industry contributed by 6.9% and 5.9%, respectively.

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