Romania revises nominal Q2 GDP by 3% upwards

Romania revises nominal Q2 GDP by 3% upwards

Romania’s statistics office INS revised Q2 GDP upwards by 3% to RON 421 bln (EUR 84.6 bln) under the second preliminary estimate. It improved only marginally the annual growth rate for the quarter, from 0.8% y/y to 0.9% y/y. Consequently, the growth rate for the entire H1 was maintained at 0.7% (+1.4% y/y if adjusted…