Saturday, 15 December 2018 | News today: 1

GDP in Q1 increased by only 0.1 percent

The Gross Domestic Product (GDP) in the first quarter (Q1) of 2018 increased by 0.1 percent, says the State Statistical Office.

The biggest increase was recorded in sections: R, S and T – Arts, entertainment and recreation; Other service activities; Activities of households as employers; undifferentiated goods- and services-producing activities of households for own use by 12.1%; G, H and I – Wholesale and retail trade; repair of motor vehicles and motorcycles; Transportation and storage; Accommodation and food service activities by 10.5% and M and N – Professional, scientific and technical activities; Administrative and support service activities by 8.5%.

Household final consumption, including Non-profit institutions serving households, increased by 4.0% in nominal terms, and its share in the GDP structure was 64.3%.

Export of goods and services increased by 10.4% in nominal terms, while Import of goods and services increased by 9.1%.