GDP up 3 percent in Q3

GDP up 3 percent in Q3
The Gross Domestic Product (GDP) in the third quarter (Q3) of 2018 increased by three percent, the State Statistical Office said on Thursday.

Export of goods and services increased by 16.4% in nominal terms, while Import of goods and services increased by 12.6%.

Household final consumption, including Non-profit institutions serving households, increased by 5.0% in nominal terms, and its share in the GDP structure was 62.5%.

In this quarter, 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 17.0%; G, H and I – Wholesale and retail trade; repair of motor vehicles and motorcycles; Transportation and storage; Accommodation and food service activities by 9.4% and M and N – Professional, scientific and technical activities; Administrative and support service activities by 7.7%.

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