GDP Growth increased in the first Quarter of 2017

July 17, 2017 3:15 PM

The real Gross Domestic Product (GDP) growth in the first quarter of 2017, compared to the same quarter of the previous year, amounted 2,7%.

According to seasonally adjusted data, GDP increased by 0,4% in the first quarter of 2017, as compared to the previous quarter. Observed by activities, in the first quarter of 2017 compared to the same quarter of the previous year, real growth of the gross value added was recorded in: Arts, entertainment and recreation 12,3%, wholesale and retail trade 8,8% and Financial and insurance activities 6,1%. Real fall of the gross value added was recorded in: Transportation and storage 6,4% and Professional, scientific and technical activities 2,4%.

(Source: bhas)

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