The Romanian economy declined in the first quarter of the year by 1.7% on the gross series, compared with the same period in 2025, and by 1.5% on the seasonally adjusted series, according to flash estimates  published Wednesday, May 12, by the National Institute of Statistics.  The same source noted that compared with the last quarter of 2025, GDP decreased by 0.2% in Q1 2026. This follows a contraction in Q4 2025, when GDP fell by 1.4% in real terms compared with the same period in 2024, and by 1.8% compared with Q3 2025. Overall, Romania’s economy grew by 0.7% last year, according to data published last week by the National Institute of Statistics.