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Romania 2Q GDP Sees 6th Largest Annual Decline In EU

Romania recorded the sixth biggest quarterly economic fall in the European Union in the April-June period, while the EU's average GDP fell 4.9% year-on-year, according to revised data released Wednesday.

Romania 2Q Revised GDP -1.1% QQ, -8.7% YY

Romania’s gross domestic product shrank by a seasonally adjusted 1.1% in the second quarter compared with the previous quarter, amounting to 120.4 billion lei (EUR1=RON4.2231), according to revised data released Tuesday by the National Statistics Institute, or INS.

Romania 2Q GDP -1.2% QQ, -8.8% On Yr

Romania’s second quarter gross domestic product shrank by a seasonally adjusted 1.2% compared with the earlier quarter, a flash estimate of the National Statistics Institute, or INS, showed Thursday.