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|14 August 2018, 7:20 PM|
By Emea Riga
Romania recorded the most significant advance of the EU economy in the second quarter of 2018, compared with the previous three months, according to data published on Tuesday by the European Statistics Office (Eurostat).
Both in the European Union and the euro area, Gross Domestic Product recorded a 0.4% gain in the second quarter of 2018, compared to the previous three months.
Among the Member States, the most significant quarterly increase was between April and June 2018 in Romania (1.4%), Slovakia and Sweden (both with 1%), Poland, Lithuania and Hungary (all 0.9%) .
There are no data available for seven countries: Slovenia, Malta, Luxembourg, Croatia, Greece, Ireland and Estonia.
At annual rate, the second quarter of 2018 compared to the same period last year, Gross Domestic Product grew by 2.2% in the EU and the euro area. In this case, Romania ranks among the strongest growth countries, with a 4.2% advance, being surpassed by Poland (5%) and Hungary (4.4%).
According to data released on Tuesday by the National Institute of Statistics (NIS), the Romanian economy increased by 1.4% in the second quarter of 2018, compared to the previous three months. Romania's GDP recorded an annual growth of 4.1% on gross series and 4.2% on seasonally adjusted series, between April and June 2018.
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