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GDP up 3.5% in first quarter


https://www.ipn.md/en/gdp-up-35-in-first-quarter-7966_1005957.html

The Gross Domestic Product (GDP) in January - March grew by 3.5%, according to the National Bureau of Statistics, IPN reports.

The manufacturing sector’s contribution was 19.2%, up 2.2% compared with the corresponding period last year. The gross value added in the service sector rose by 2.8% on January – March 2012.

The growth in the construction sector was 10.5%, in retail trade – 3.5%, in transport and communications – 1.8%. In general, the services’ contribution to the GDP formation in the period was 65.1%.

Final consumption rose by 2.6%. Its contribution to the GDP was 3.2%. The rise stemmed from the 3.7% increase in the final consumption of households. The gross fixed capital formation exceeded the level for the first quarter of last year by 6.6%, contributing 21.4% to the formation of the GDP.

The exports and imports of goods and services grew by 9.4% and, respectively, 4.0% on January-March last year.