In the first quarter of 2025, Romania's GDP experienced a 0.3% increase compared to the same period the previous year. This figure is consistent with the second estimate, yet it reflects a slowdown from the 0.5% growth observed in the preceding quarter. This represents the most sluggish growth rate in a year, mainly driven by declines in government spending, which fell by 7.3%, and household consumption, which decreased by 0.3%. In contrast, gross fixed capital formation showed a robust increase of 20.3%. In terms of net external demand, export activity rose by 6.3%, surpassing the 3.6% growth recorded for imports. On a seasonally adjusted quarterly basis, the economy remained unchanged in the March quarter, following a 0.5% increase in the previous quarter.
FX.co ★ Romanian Q2 GDP Growth Confirmed at 0.3%
Romanian Q2 GDP Growth Confirmed at 0.3%
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