Financial News: Romania GDP Rises More Than Estimated In Q1

Romania GDP Rises More Than Estimated In Q1

06/06/2025 - 05:24:00 (RTTNews)

(RTTNews) - Romania's economic growth eased less than initially estimated in the first quarter, the latest data from the statistical office showed on Friday.

On an unadjusted basis, GDP rose 0.3 percent annually in the March quarter, slower than the 0.5 percent rise in the preceding three-month period. In the flash estimate, the rate of increase was 0.2 percent.

On the expenditure, household final consumption grew 1.3 percent, and government consumption expenditure was 0.5 percent higher. The rise in gross fixed capital formation, or investments, was 0.9 percent.

Meanwhile, net exports showed a negative contribution of 4.1 percent as exports fell 0.3 percent amid a 3.8 percent increase in imports.

Data showed that seasonally adjusted GDP growth improved somewhat to 0.6 percent from 0.4 percent in the previous quarter.

Compared to the previous quarter, Romanian GDP stagnated in the first quarter, following a 0.5 percent expansion in the fourth quarter, as estimated.

Separate official data showed that the annual sales growth in retail sales eased to 3.1 percent in April from 3.4 percent in March. Sales of non-food products rose 6.7 percent, while those of food products dropped by 0.7 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

German Business Sentiment Strongest In More Than A Year (28 min(s), 59 sec(s) ago)
(RTTNews) - German business confidence improved to the highest level in more than a year in July d ...Full Story»

French Consumer Sentiment Improves Marginally (01 hr(s), 18 min(s), 59 sec(s) ago)
(RTTNews) - French consumer confidence improved marginally in July, monthly survey results from th ...Full Story»

Singapore Industrial Production Recovers In June (02 hr(s), 49 min(s), 59 sec(s) ago)
(RTTNews) - Singapore's industrial production growth accelerated in June, figures from Economi ...Full Story»

UK Retail Sales Recover In June (03 hr(s), 46 min(s), 59 sec(s) ago)
(RTTNews) - UK retail sales recovered in June as warm weather boosted food and non-food store sale ...Full Story»

European Economic News Preview: German Business Sentiment Data Due (05 hr(s), 0 min(s),59 sec(s) ago)
(RTTNews) - Business confidence from Germany and retail sales from the UK are due on Friday, headl ...Full Story»

Japan Producer Prices Ease To 3.2% On Year In June (22 min(s), 01 sec(s) ago)
(RTTNews) - Producer prices in Japan were up 3.2 percent on year in June, the Bank of Japan said o ...Full Story»

Tokyo Inflation Slows To 2.9% Annually In July (56 min(s), 01 sec(s) ago)
(RTTNews) - Overall consumer prices in the Tokyo region of Japan were up 2.9 percent on year in Ju ...Full Story»

Japan Inflation Data Due On Friday (16 min(s), 01 sec(s) ago)
(RTTNews) - Japan will on Friday release July figures for Tokyo inflation, highlighting a light da ...Full Story»