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Financial News: Romania's GDP Growth Rises In Q4

Romania's GDP Growth Rises In Q4

02/14/2020 - 06:30:00 (RTTNews)

(RTTNews) - Romania's economic growth more than doubled in the fourth quarter, data from the National Institute of Statistics showed on Friday.

The economy grew at a pace of 1.5 percent from the third quarter, when gross domestic product gained 0.6 percent.

Year-on-yar, GDP growth improved to a seasonally adjusted 4.2 percent from 3.2 percent. Likewise, unadjusted GDP growth climbed to 4.3 percent from 3 percent.

In the year 2019, GDP increased by 4.1 percent as compared to 4.4 percent rise in 2018, data showed.

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