Romanian PM says economy on positive trend following 5.9 pct growth in Q2

Source: Xinhua| 2017-08-17 04:55:28|Editor: yan
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BUCHAREST, Aug. 16 (Xinhua) -- Romanian Prime Minister Mihai Tudose on Wednesday expressed satisfaction with the economic development after the National Institute of Statistics announced a 5.9 percent growth in the second quarter.

The figure is above the first quarter's 5.7 percent, the prime minister wrote on his social media account, stressing that "it is a solid economic growth, coming from the 8 percent strong increase of the industrial output and from services."

"A significant contribution also comes from high and medium value-added high-tech sectors," he added.

The good results "confirm that Romania is on a positive trend that we want to maintain," said Tudose.

According to him, in the first seven months of this year, the average level of confidence in the economy was 105.1 points, rising significantly as compared to the 103.2 points year-on-year.

Meanwhile, a Eurostat preliminary estimate released on Wednesday showed that Romania tops the EU rankings by the annual GDP growth rate for the interval April-June 2017.

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