Trademagazin > News and articles > Market News > KSH: Economy fell 4.6 percent on an annual basis in the third quarter
KSH: Economy fell 4.6 percent on an annual basis in the third quarter
The volume of gross domestic product decreased by 4.6 percent in the third quarter, compared to the same period of last year.
According to seasonally and calendar-adjusted data, the performance of the economy was 11.4 percent higher than in the previous quarter and by 4.6 percent lower than in the same period of the previous year -the Central Statistical Office (CSO) confirmed in its second estimate on Tuesday. (MTI)
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