Quarterly Economic Growth, Q1-2014 | Instat

Quarterly Economic Growth, Q1-2014

Gross Value Added (GVA) for the first quarter of 2014 reflects some fundamental changes as a result of revisions to annual data from 2008 to 2012 recently published and methodological improvements of quarterly accounts (see p.4, Information for users). According to indicator of Gross Value Added (GVA) the economic activity in the first quarter of 2014 in volume terms has increased by 1.65 % compared with the first quarter of 2013. Contribution to this increase gave the main branches of the economy, such as Industry, Post and Telecommunication, Trade, Hotels and Restaurants and Other Services. The main branches of the economy for the first quarter 2014 compared with first quarter 2013 appeared as follows:Agriculture activity in the first quarter of 2014 compared with the same quarter of 2013 increased by 3.06 %.The industry group activity increased by 8.24 % in the first quarter of 2014 compared with the first quarter of 2013, mostly influenced by theExtracting Industry,which increased by 41.62 % andManufacturing Industry which decreased by 9.87 %
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Quarterly Economic Growth, Q2-2014
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