• Gross Domestic Product recorded an increase by 0,8%, as against the same quarter of 2023, for both unadjusted and seasonally adjusted series; • In the first semester of 2024, as against the same period of the previous year, the Gross Domestic Product increased by 0.7 % for the unadjusted series and by 1,5% for the seasonally adjusted series; • The seasonally adjusted series of quarterly Gross Domestic Product was readjusted as a result of the introduction of the estimates for Q2 2024, being revised as compared to the version published in the Press release no. 176 of 8 July 2024. Seasonally adjusted series According to data published on Wednesday by the National Institute of Statistics (INS), in Q2 2024, as compared to the previous quarter, the Gross Domestic Product increased by 0.1%. As compared to the same quarter of 2023, the Gross Domestic Product increased by 0.8%. In the first half of the year 2024, the Gross Domestic Product increased by 1.5% as compared to the same period of 2023. Unadjusted series As compared to the same quarter of 2023, Gross Domestic Product in Q2 2024 increased by 0.8%. In the first half of the year 2024 the Gross Domestic Product increased by 0.7% as compared to the same period of 2023. Revisions As a result of the revision of the unadjusted series by including the estimates for Q2 2024 in the quarterly series, the seasonally adjusted series were re-estimated. The volume indices were revised as compared to the second provisional version of quarterly gross domestic product published in the Press release no. 176 of July 8, 2024 as follows: - the results of second quarter of 2023, compared with the first quarter of 2023, were revised from 102.8% to 102.9%; - the results of third quarter of 2023, compared with the second quarter of 2023, were not revised (103.5%); - the results of fourth quarter of 2023, compared with the third quarter of 2023, were not revised (101.1%); - the results of the first quarter of 2024, compared with the fourth quarter of 2023, were not revised (102.2%). The seasonally adjusted series are quarterly re-estimated according to the European practice.
Pulitzer Prize winner Junot Díaz, Tracy Chevalier, the author of the international best seller Girl with a Pearl Earring, and French author Michel Bussi, known for his widely translated thriller novels, are among the authors set to attend this year’s Iași International Literature and Translation Festival (FILIT), the largest literary festival in the country. They […]
Bucharest is about to welcome a culinary moment like no other. This September, the JW Marriott Bucharest Grand Hotel will host Michelin-starred Chef Theodor Falser - a name synonymous with nature-inspired haute cuisine - for three exclusive evenings that promise to delight the senses and tell stories through food. The Chef Who Cooks Nature Theodor […]
The International Monetary Fund (IMF) has endorsed Romania’s latest fiscal measures, forecasting that the economy will grow by 1% in 2025 and 1.4% in 2026, the government said Friday, September 12, after talks with a visiting IMF delegation. The delegation, led by Joong Shik Kang, met prime minister Ilie Bolojan in Bucharest to discuss the […]
The George Ciprian Theater in Buzău has unveiled “E-Waste E-Motion,” the first performance in Romania in which all characters are played by small autonomous robots, blending art, technology, and sustainability in an experimental theatrical project. “E-Waste E-Motion” is part of a broader artistic research initiative supported by the National University of Theatre and Film (UNATC) […]
With extensive experience in the luxury hospitality sector, gained as General Manager of Sofitel Legend The Grand Amsterdam and Hotel Okura Amsterdam (LHW), as well as in various Director of Operations and Business Development roles, Ms. Emmy Stoel is a seasoned professional whose career reflects a deep passion for excellence in guest service, having successfully […]
Update: The woman made her first statements on Friday afternoon after being questioned. According to Digi24, she told journalists outside a police station in Bucharest that the items were family heirlooms from the Soviet era, and that she...
