The gross domestic product rose 2.8% last year to 666.6 billion lei (EUR150.1 billion), helped by good performances in the industry and the communication sector. However, the information and communication sector’s contribution is lower than previously expected, and the GDP growth was cut down from 2.9% as seen in a previous release in March.
In the fourth quarter, Romania’s GDP grew 0.7% against the previous quarter in seasonally-adjusted data, an upward revision from 0.5% estimated in the March reading, due to a higher contribution of the industry.
Compared with the same period of 2013, the fourth-quarter GDP was up 2.6% in seasonally-adjusted data and 2.7% higher in non-adjusted data.