Financial News: Romanian GDP Shrinks As Estimated In Q2

Romanian GDP Shrinks As Estimated In Q2

09/07/2026 - 06:59:00 (RTTNews)

(RTTNews) - Romania's economy contracted further as estimated initially in the second quarter, the latest data from the statistical office showed on Monday.

On an unadjusted basis, GDP declined 0.4 percent annually in the June quarter, following a 1.2 percent fall in the March quarter. That was in line with the flash data published on August 14.

The expenditure breakdown showed that final consumption expenditure of households decreased 1.9 percent, and government consumption remained flat. Change in inventories contributed negatively by 2.0 percent, and net exports were 0.5 percent weaker as imports grew faster than exports.

There was a positive contribution from gross fixed capital formation, which advanced 4.1 percent.

Meanwhile, seasonally adjusted GDP contraction deepened to 2.0 percent from 1.1 percent in the previous quarter, as estimated.

Compared to the first quarter, GDP remained flat in the June quarter versus a 0.1 percent slight fall in the first quarter, confirming the flash figures.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Romanian GDP Shrinks As Estimated In Q2 (29 min(s), 36 sec(s) ago)
(RTTNews) - Romania's economy contracted further as estimated initially in the second quarter ...Full Story»

German Industrial Output Falls Most In 11 Months (41 min(s), 36 sec(s) ago)
(RTTNews) - Germany's industrial output declined at the fastest pace in almost a year in July, ...Full Story»

Singapore Retail Sales Growth Eases To 1.5% (01 hr(s), 09 min(s), 36 sec(s) ago)
(RTTNews) - Singapore's retail sales growth moderated in August after accelerating in the prio ...Full Story»

Eurozone GDP Growth Revised Up (01 hr(s), 40 min(s), 36 sec(s) ago)
(RTTNews) - The euro area economy expanded more than initially estimated in the second quarter, re ...Full Story»

Swiss Jobless Rate Remains Stable At 3.0% (01 hr(s), 56 min(s), 36 sec(s) ago)
(RTTNews) - Switzerland's unemployment rate held steady in August after rising slightly in the ...Full Story»

Estonia Inflation Eases To 1.5%, Lowest Since March 2021 (02 hr(s), 18 min(s), 36 sec(s) ago)
(RTTNews) - Estonia's consumer price inflation moderated further in August to the lowest level ...Full Story»

UK House Prices Fall For First Time Since 2023 (02 hr(s), 45 min(s), 36 sec(s) ago)
(RTTNews) - UK house prices declined for the first time since late 2023 in August, data published ...Full Story»

Swedish Inflation Rises Slightly To 0.3% (03 hr(s), 08 min(s), 36 sec(s) ago)
(RTTNews) - Sweden's consumer price inflation increased less-than-expected in August, flash da ...Full Story»