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Romania Q2 GDP prelim falls 0.4% y/y, confirms flash estimate

Romania’s National Statistics Board said GDP fell 0.4% year-on-year in Q2, matching the flash estimate. On a quarterly basis, GDP was flat in seasonally adjusted terms. Final consumption fell 2.4% y/y.

4% on the year in the second quarter, the National Statistics Board (INS) said on Monday, matching the flash estimate. 4% year-on-year. GDP was flat on the quarter in seasonally adjusted terms, the data showed.