The revision was prompted by an increase in the 2011 GDP level to RON578.5 billion, from RON547 billion initially estimated, Gherghina told a news conference.

He said the GDP projection for 2012 points to an economic growth of around 1.7%, in the median area of the government’s forecast of 1.5% to 2%.

The GDP deflator, which tracks the cost of goods produced in the economy, should remain relatively unchanged on the year, Gherghina added.