August 14 (SeeNews) - Romania's economic growth slowed to 4.1% year-on-year in the second quarter of 2018, compared to 6.1% annual growth in the like quarter of 2017, non-adjusted provisional data of the country's statistical board, INS, indicated on Tuesday.
On a seasonally adjusted annual comparison basis, Romania's gross domestic product (GDP) growth decelerated to an annual 4.2% from 6.1% in the second quarter of last year, INS data showed.
Compared to the previous quarter, Romania's GDP increased by 1.4%.
In the six months through June, Romania's economy grew by 4.2% on the year in non-adjusted terms and by a seasonally adjusted 4%, INS data showed.
In the first quarter of the year, Romania's economy expanded by 4%.
Economic growth of 5.5% and budget deficit equivalent to 2.96% of GDP are forecast in Romania's 2018 state budget.
Romania's economy expanded by 6.9% year-on-year in 2017.
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