GDP in 2017, revised downwards from 7pc to 6.9pc

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The Gross Domestic Product (GDP) estimated in 2017 was of RON 858.332 billion in current prices, up in real terms by 6.9% as gross series against the previous year, being revised downwards from 7% against to the provisional variant.

According to a communiqué on Thursday from the National Statistics Institute (INS), the estimated GDP for Q4 2017 was of RON 258.887 billion in current prices, up in real terms by 6.7% as compared to Q4 2016.

The Gross Domestic Product – seasonally adjusted data – estimated for the fourth quarter of 2017 was of RON 222.557 billion in current prices, up – in real terms – by 0.5% as compared to the third quarter 2017 and by 6.8% against Q4 2016.

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