As compared to Q4/2025, in the first three months of 2026 the economy stagnated.

By value, the Gorss Domestic Product, seasonally adjusted data, estimated for Q1/2026 amounted to RON499 billion current prices in nominal terms, and in real terms with decrease by 1.1% compared to the first quarter of 2025.

Along resources categories, Agriculture, forestry and fishing did not contributed to the GDP increase (0.0%) in both estimations, and the volume of activity remains the same as in the previous estimation (100.8%); – Industry recorded the same contribution to GDP evolution (-0.2%) in both estimations, and the volume of activity modified with -0.1 percentage points (from 98.8% to 98.7%); – Constructions recorded the same contribution to GDP increase (+0.4%) in both estimations, and the volume of activity remains the same as in the previous estimation (107.9%).

Wholesale and retail; repair of motor vehicles and motorcycles; transport and storage; hotels and restaurants, recorded a slight modification to the GDP contribution from -0.8% to -0.7% between the two estimations, and the activity volume changed with -0.1 percentage points (from 96.9% to 96.8%).

Information and communication recorded the same contribution to GDP evolution (-0.3%) in both estimations, and the volume of activity remains the same as in the previous estimation (95.9%).

From GDP uses standpoint, significant changes in the contribution to the growth rate of GDP between the two estimates were recorded for: – Individual final consumption expenditure of General government, from -0.1% to +0.4%, as a result of their activity volume increase with +6.2 percentage points (from 98.8% to 105.0%); – Collective final consumption expenditure of General government, from 0.0% to +1.4%, as result of their volume activity increase with +13.3 percentage points (from 99.6% to 112.9%); – Gross fixed capital formation, from +0.9% to +0.4%, as result of their volume activity decrease with -2.5 percentage points (from 104.7% to 102.2%).

Final consumption expenditure of households recorded the same contribution to the GDP increase (-1.2%) between the two estimations, and the activity volume remained the same as compared with the previous estimation (98.2%).

(English version by Catalina Apostoiu)

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