In the third quarter, the country’s GDP grew 3.6% on the year in real terms, to RON195.77 billion, the data showed. Third quarter GDP increased 1.4% compared with the second quarter.

Economic growth in the first nine months was driven mainly by consumption, the statistics institute said.

This year’s state budget was built on a projected economic growth of 2.5%. The country’s forecast commission expects GDP growth at 3.3% for 2015, while the International Monetary Fund sees the indicator at 3.4%. The European Commission recently revised its GDP growth projection for Romania and sees it at 3.5% this year.