Romania's economy advances 2.4pct in Q1 2020 mainly on household consumption
Publicat:The annual growth of Romania's economy in the first quarter of 2020 - 2.4% unadjusted and 2.7% when seasonally adjusted series, was mainly due to the household final consumption expenditure, which volume increased by 3.8%, contributing 2.5% to GDP growth, according to provisional data with the National Institute of Statistics (INS) released on Tuesday. Investment contributed 0.9% to the GDP growth, and exports continued to make a negative contribution of minus 3.2%.
"From the point of view of GDP use, the increase was mainly due to: household final consumption expenditure, which volume…
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