RTTNews - Tuesday, Romania's National Institute of Statistics announced that the gross domestic product or GDP decreased a seasonally adjusted 1.1% sequentially in the second quarter, after falling 4.6% in the first quarter. The second quarter GDP was revised from 1.2% fall estimated initially.

On an annual basis, the GDP declined 8.7% in the second quarter, revised from 8.8% drop reported initially.

For the first half of the year, the GDP decreased 7.6% compared to the same period of the previous year.

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