Romania’s economy grows faster than China’s

Romania recorded a record 7% economic growth in 2017, the National Statistics Institute (INS) announced on Wednesday, February 14. The growth rate, which was higher even than China’s 6.9% economic growth in 2017, surpasses even the most optimistic scenarios. Romania’s Prognosis Commission has the highest growth estimation for 2017, namely 6.1%. In the fourth quarter, the local economy grew by 7% (in seasonally adjusted terms) compared to the same quarter of 2016, according to INS. Compared to the previous quarter, the growth rate was 0.6%. IMF: Romania’s economy sees increased overheating risk World Bank: Romania’s economy to grow above potential this year Romania’s economy accelerates by 8.8% in the third quarter editor@romania-insider.com