Romania`s economy shrinks 8.7 percent y/y in Q2, revised data of the National Statistics Institute show

foto: flickr.com
foto: flickr.com

Romania's gross domestic product (GDP) compressed 8.7 percent in the second quarter versus the same period in the previous year, according to revised data of the National Statistics Institute (INS). INS initially indicated an 8.8 percent contraction for the second quarter.