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.
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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