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Romania Q1 GDP +6.4% y/y vs preliminary estimate 6.5% - stats

·1-min read

(Reuters) - Romania's economy rose 6.4% on the year in the first quarter, the National Statistics Board (INS) said on Friday, below a preliminary estimate, while domestic consumption grew 6.4%.

On a quarterly basis, GDP rose 5.1% in seasonally adjusted terms in January-March, data showed.

Q1 (Y/Y) Q1 (Q/Q)

Real GDP 6.4 5.1

Final consumption 6.4 1.5

Gross fixed capital formation 1.7 5.5

Exports of goods and services 10.6 1.3

Imports of goods and services 8.8 3.6

Agriculture 0.9 7.1

Industry -0.3 -0.9

Construction 4.4 6.1

* Quarter-on-quarter data is seasonally adjusted.

(Reporting by Mateusz Rabiega and Karol Badohal in Gdansk)

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