Economy growth of 5pct, mainly due to population consumption (INS)
Publicat:The annualized growth rate of the Romanian economy in the first quarter of this year, of 5 pct as gross series and 5.1 pct as seasonally adjusted series, was mainly due to the final consumption expenditure of households, the volume of which increased by 6.7 pct, contributing 4.3 pct to the GDP growth, according to new data from the National Institute of Statistics (INS), published on Thursday.
Investments made a contribution of 0.9 pct to the GDP growth, and exports continued to have a negative contribution, of minus 3.3 pct.
"As concerns the GDP growth, the increase was mainly…
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