{"id":790925,"date":"2026-07-10T07:51:38","date_gmt":"2026-07-10T07:51:38","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/790925\/"},"modified":"2026-07-10T07:51:38","modified_gmt":"2026-07-10T07:51:38","slug":"romanias-economy-drops-1-2-year-on-year-in-q1-2026","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/790925\/","title":{"rendered":"Romania\u2019s economy drops 1.2% year-on-year in Q1 2026"},"content":{"rendered":"

Romania\u2019s economy stagnated in the first three months of 2026 compared with the fourth quarter of 2025, according to the National Institute of Statistics<\/a>. However, it declined 1.2% in the unadjusted series and 1.1% in the seasonally adjusted series compared with the same quarter of 2025.<\/p>\n

In value terms, seasonally adjusted GDP estimated for the first quarter of 2026 amounted to RON 499 billion at current prices in nominal terms and, in real terms, was down 1.1% compared with the first quarter of 2025.\u00a0<\/p>\n

By resource categories, agriculture, forestry, and fishing did not contribute to GDP growth (0.0%), and the volume of activity was unchanged from the previous estimate (100.8%).\u00a0Industry recorded the same contribution to the change in GDP (-0.2%) in both estimates, while the volume of activity was revised down by 0.1 %s from the previous estimate (from 98.8% to 98.7%).\u00a0<\/p>\n

Construction recorded the same contribution to GDP growth (+0.4%) in both estimates, and the volume of activity was unchanged from the previous estimate (107.9%).<\/p>\n

Wholesale and retail trade, transportation and storage, accommodation and food service activities slightly revised their contribution to GDP growth, from -0.8% to -0.7% between the two estimates, while the volume of activity was revised by 0.1 %s (from 96.9% to 96.8%). IT recorded the same contribution to the change in GDP (-0.3%), and the volume of activity was unchanged from the previous estimate (95.9%).\u00a0<\/p>\n

From the expenditure side of GDP, significant revisions in the contribution to GDP growth between the two estimates were recorded for individual final consumption expenditure of general government, from -0.1% to +0.4%, following a 6.2% increase in its volume (from 98.8% to 105.0%), and collective final consumption expenditure of general government, from 0.0% to +1.4%, following a 13.3% increase in its volume (from 99.6% to 112.9%).<\/p>\n

Investment (gross fixed capital formation) was revised down from +0.9% to +0.4%, following a 2.5% decline in its volume (from 104.7% to 102.2%).<\/p>\n

Final consumption expenditure of households recorded the same contribution to GDP growth (-1.2%) in both estimates, and its volume was unchanged from the previous estimate (98.2%).<\/p>\n

Romania is currently tackling a ballooning budget deficit that narrowed by 44% y\/y to RON 35.9 billion (EUR 6.9 billion) in January-May, as the country reduced payroll in the budgetary sector<\/a> and current expenditures from EU grants.<\/p>\n

radu@romania-insider.com<\/a><\/p>\n

(Photo source:\u00a0Antonyesse|Dreamstime.com<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"Romania\u2019s economy stagnated in the first three months of 2026 compared with the fourth quarter of 2025, according…\n","protected":false},"author":2,"featured_media":790926,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-790925","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/790925","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=790925"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/790925\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/790926"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=790925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=790925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=790925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}