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Romania Economy Report Q3 2016

The country’s GDP increased by a real 4.3% y/y and totalled RON 41.966 bln in Q3 2016, according to provisional data of the National Institute of Statistics (INSSE).

Final consumption increased by 6.6% y/y to RON 42.042 bln. Gross capital formation inched up by 0.5%, contributing 30.1% to the GDP. Exports increased by 7.1%, while imports rose by 7.6%.

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