In seasonally adjusted data, the country’s economy grew 4.1% on the year in the third-quarter.
In January-September 2018, the country’s economy grew 4.2% compared with the same period in 2017.
In seasonally adjusted data, the country’s economy grew 1.9% in the third quarter of 2018, compared with the previous quarter. The quarterly increase of 1.9% is higher than 1.5% in the second quarter and 0.3% in the first quarter.
The third-quarter GDP growth of 4.3% comes after a GDP growth of 4.1% in the second quarter and of 4% in the first quarter of 2018, compared with the same periods in 2017.
The national commission for prognosis and strategy, or CNSP, reduced its economic growth forecast for Romania to 4.5% in 2018, lower by 1 percentage point from a projection of 5.5% in July, it said in its 2018 fall economic forecast released on November 9, 2018. In its autumn forecast, the prognosis commission also corrected the GDP growth projection for 2019, at 5.5%, from 5.7% announced in the previous three projections made this year. Instead, for 2020 and 2021, the forecast was maintained at 5.7% and 5%, respectively. Also, the same projection of 5% was maintained for the GDP growth in 2022.