Financial News: Romanian GDP Growth Improves Slightly To 1.1%

Romanian GDP Growth Improves Slightly To 1.1%

11/14/2024 - 06:04:00 (RTTNews)

(RTTNews) - Romania's economic growth accelerated somewhat in the third quarter, preliminary data from the statistical office showed on Thursday.

On an unadjusted basis, GDP expanded 1.1 percent annually in the September quarter, following a 0.9 percent rise in the preceding three-month period.

Meanwhile, seasonally adjusted GDP declined 0.2 percent versus a 0.8 percent expansion in the previous quarter.

Compared to the previous quarter, the seasonally adjusted GDP remained flat after rising 0.1 percent in the second quarter.

"Although activity picked up in the third quarter, the modest annual growth of just 1.1 percent reaffirms our view that economic growth will remain weak this year," Stefan Posea, an economist at ING, said.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Treasury Announces Details Of Twenty-Year Bond Auction (04 hr(s), 09 min(s), 05 sec(s) ago)
(RTTNews) - The Treasury Department on Thursday announced the details of this month's auction ...Full Story»

U.S. Crude Oil Inventories Climb More Than Expected (04 hr(s), 15 min(s), 05 sec(s) ago)
(RTTNews) - A report released by the Energy Information Administration on Thursday showed crude oi ...Full Story»

U.S. Jobless Claims Unexpectedly Dip To Nearly Six-Month Low (05 hr(s), 42 min(s), 05 sec(s) ago)
(RTTNews) - First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ...Full Story»

U.S. Producer Prices Rise 0.2% In October, In Line With Estimates (05 hr(s), 47 min(s), 05 sec(s) ago)
(RTTNews) - After yesterday's consumer price inflation data matched expectations, the Labor De ...Full Story»

U.S. Producer Prices Increase In Line With Estimates In October (06 hr(s), 42 min(s), 05 sec(s) ago)
(RTTNews) - After yesterday's consumer price inflation data matched expectations, the Labor De ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Edge Lower (06 hr(s), 47 min(s), 05 sec(s) ago)
(RTTNews) - First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ...Full Story»

Eurozone GDP Growth Confirmed At 0.4%; Employment Rises (07 hr(s), 41 min(s), 05 sec(s) ago)
(RTTNews) - The euro area economy expanded as initially estimated in the third quarter and employm ...Full Story»

Slovakia GDP Growth Slows To 1.2% (07 hr(s), 49 min(s), 05 sec(s) ago)
(RTTNews) - The Slovakian economy grew at a slower pace in the third quarter, flash data from the ...Full Story»