Q2 economic growth estimated at 7%

Economic growth gathered speed in the second quarter due to the growth in industry and trade, reads a study of the National Prognosis Commission (CNP). “According to statistical data that we currently have, economic growth in the second quarter was greater than in the first three months of the year, standing at over 6.9%,” Ion Ghizdeanu, chairman of the National Prognosis Commission (CNP) told ZIARUL FINANCIAR. He bases his statement on a study of the institution he heads, which compares this year’s economic growth forecast (of 6%) with the economic progression seen in the first part of the year. Thus, according to the prognosis, the economic growth pace in the second quarter exceeded that seen in the first quarter, being mainly driven by industry and trade. As a matter of fact, economic figures for the first five months are better than the Commission’s experts had expected, which means that the economy stepped up its growth pace in the second quarter.