Compared with the previous quarter, Romania’s gross domestic product grew by 1.6% in the third quarter, in seasonally adjusted data, the statistics institute said. The economy grew at a quarterly rate of 0.5% in the second quarter.
In the first nine months of 2013, the GDP expanded by 2.7% compared with the same period a year ago.
The International Monetary Fund recently improved its forecast on Romania’s economic growth to 2.2% in 2013, from 2% previously, citing a good harvest and better contribution from exports.