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BUCHAREST (Romania), January 14 (SeeNews) - Romania's economic growth decelerated to 3.0% year-on-year in the third quarter of last year, compared to a revised 4.5% annual increase in the like period of 2018, non-adjusted provisional data by the national statistical board, INS, indicated on Tuesday.
On a seasonally adjusted annual comparison basis, Romania's gross domestic product (GDP) growth slowed down to an annual 3.2% in the third quarter of last year, from a revised 4.3% in the third quarter of 2018, INS data showed.
On a quarterly comparison basis, GDP growth slowed down to a revised 0.5% in July-September of 2019, compared to 0.8% growth in April-June.
Consumption growth was revised to 3.9% from a previous estimate of 4.5%.
|Romania Q3 2019 GDP||y/y pct change|
|- Final consumption||3.9|
Earlier this month, the World Bank said it has raised Romania's economic growth forecast for 2019 to 3.9%, up from 3.6% it had predicted in June but down from 4% expansion in 2018.
(1 euro = 4.7791 lei)