Services, consumption and investment have led the economy

The volume of gross domestic product (GDP) was 4.4 percent higher than the one-year-earlier figure in the first quarter.

The 4.9 percent growth of services, the 5.0 percent growth of consumption, and the 17.1 percent growth in investments determined the growth. According to the calendar effect adjusted data, the performance of the economy grew by 4.7 percent, compared to the same quarter of last year, and compared to the previous quarter increased by 1.2 percent – according to the second estimate of the Central Statistical Office (KSH). (MTI)