Preliminary figures indicated an annual increase of 0.2% in real terms.
Fourth-quarter gross domestic product expanded 0.1% in seasonally adjusted data compared with a quarter earlier, the statistics institute said in a second estimate. The data was revised down from a growth of 0.2% previously envisaged.
Compared with the fourth quarter of 2011, Romania’s GDP increased by 0.1% in the last three months of 2012. In unadjusted data, the annual growth was 0.3%.
The country’s economic growth in 2012 was largely fueled by a 29.4% increase in the IT&C sector, INS data showed.
Final consumption was up 0.9% on the year, with government consumption advancing at a faster pace compared with the household consumption.
Gross capital formation increased by 4% in 2012 from a year earlier.
On the other hand, farm output dropped 21.2% year-on-year in 2012, hurt by a severe drought last summer, while industry decreased by 2.1%, the data showed.
Romania expects the economy will advance by 1.6% in 2013, helped by consumer spending and investment growth.