November 14 (SeeNews) - Romania's economic growth slowed to 4.3% year-on-year in the third quarter of 2018, compared to 8.8% annual growth in the like quarter of 2017, non-adjusted provisional data of the country's statistical board, INS, indicated on Wednesday.
On a seasonally adjusted annual comparison basis, Romania's gross domestic product (GDP) growth decelerated to an 4.1% from 8.4% in the third quarter of last year, INS data showed.
Compared to the previous quarter, Romania's GDP increased by 1.9%.
In the nine months through September, Romania's economy grew by 4.2% on the year both in seasonally adjusted and non-adjusted terms, INS data showed.
In the second quarter of the year, Romania's economy expanded by 4.1%.
Economic growth of 5.5% and budget deficit equivalent to 2.96% of GDP are forecast in Romania's 2018 state budget.
Romania's GDP grew by 6.9% year-on-year in 2017.
(1 euro = 4.6599 lei)