KSH: gross domestic product increased by 4.9 percent in 2019
Last year, gross domestic product (GDP) grew by 4.9 percent year-on-year, according to the first estimate of the Central Statistical Office (KSH) published on Friday.
Annual GDP growth was 4.3 percent in 2017 and 5.1 percent in 2018.
Economic growth in the fourth quarter of last year was 4.5 percent, according to raw GDP data. Seasonally adjusted for calendar effects and other one-off effects, the fourth-quarter growth reported by Eurostat, the Statistical Office of the European Union, was 4.6 percent. Compared to Q3, growth was 1.0 percent, just below the 1.1 percent in Q2 and Q3. (MTI)
Related news
KSH: in November consumer prices exceeded the same monthly values of the previous year by 3.7 percent
In November, consumer prices exceeded those of a year earlier…
Read more >The price of stuffed peppers has increased by 9 percent
According to data from the Central Statistical Office, 90.61 thousand…
Read more >KSH: Agricultural output in 2024 fell by 8.0 percent compared to the previous year
The total output of agriculture in 2024 amounted to over…
Read more >Related news
Technological advancements and business travel
The latest research from International Workplace Group (IWG), the leading…
Read more >K&H: a gift, but what and from which store?
When it comes to Christmas gift-giving, clothes are the most…
Read more >Eckes-Granini acquires fruit juice concentrate producer in Germany
Eckes-Granini, one of Europe’s leading juice producers, has acquired Wolfgang…
Read more >