Romania’s gross domestic product grew an annual 5.7% in the first quarter, a flash estimate from the country’s statistics board INS showed Tuesday. Compared with the fourth quarter of 2016, Romania posted 1.7% GDP growth in the first quarter, the data showed.
Finland places second by GDP growth on the year in the first quarter (+1.6%), being followed by Latvia (+1.5%).
In terms of first-quarter GDP growth, Romania (+5.6%) is followed by Poland and Lithuania (each posting GDP growth rates of 4.1%).
Seasonally adjusted GDP rose by 0.5% in both the euro area (EA19) and the EU28 during the first quarter of 2017, compared with the previous quarter.
Compared with the same quarter of the previous year, seasonally adjusted GDP rose by 1.7% in the euro area and by 2.0% in the EU28 in the first quarter of 2017, after +1.8% and +1.9% respectively in the previous quarter.