KSH: GDP grew by 2.2 percent in the first quarter

The volume of gross domestic product (GDP) in the first quarter was 2.2 percent higher than in the same period of the previous year. According to seasonally, calendar-adjusted and balanced data, the performance of the economy increased by 2.0 percent, compared to the same quarter of the previous year, decreasing by 0.4 percent compared to the previous quarter, the Central Statistical Office (KSH) reported on Friday based on its second estimate.