The economy grew by 1.9% in the third quarter compared to the second quarter of this year, seasonally adjusted, and by 2.8% in the first nine months, by 0.4 percentage points higher than the annual advance recorded in June, according to data published by the INS.
Compared to the same quarter of 2013, the GDP grew by 3.2% on the gross series and by 3.3% in the seasonally adjusted.
In the first nine months of 2014, the gross domestic product increased compared to the same period of 2013, up by 2.8% on the gross series and by 3.1% in the seasonally adjusted.
After the first quarter, the economy showed an advance of 2.4% on gross series and by 2.6% in seasonally adjusted.
The revised data published by the National Institute of Statistics show that the Romanian economy has avoided entry into a technical recession as the GDP in the first quarter rose by 0.5% compared with a decrease of 0.1% at the last review announced, while the decrease in second quarter was only 0.3%.
"Following the review of the gross series according to the European System of Accounts (ESA) 2010 and seasonally adjusted, the Gross domestic product in the second quarter of 2014 decreased by 0.3% compared to first quarter 2014 and in the first quarter of 2014 increased by 0, 5% compared to the fourth quarter of 2013, " the INS statement reads.
Provisional data previously announced by the INS indicated an economic loss of 0.1% in the first quarter and 0.9% in the second quarter.
The review is big and it indicates an adjustment upwards by 0.6 percentage points in the first quarter and of 0.6 percentage points in the second quarter.