Romania's seasonally-adjusted GDP edged up by 0.5% q/q in Q2, after it has stagnated for three years around the same level. Against the past quarter, the domestic demand strengthened robustly driven by both consumption (1.6% up q/q) and gross fix capital formation (gfcf, 4.4% up q/q). On the opposite, the external demand weakened visibly by 1.4% q/q. The imports edged up by 1.2% q/q contributing, besides the export's weakening, to the deterioration of the external balance.
GDP and main elements...
Keep on reading: Romania’s GDP mirage: fact or fiction?
Keep on reading: Romania’s GDP mirage: fact or fiction?