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Economic growth in first quarter was only 1%

16 june 2012, 19:52 print out copy link The link has been copied to the Clipboard

The Gross Domestic Product in January-March 2012 was 18.096 billion lei in nominal value, by 1% larger in current prices compared with the corresponding period last year, Info Prim Neo reports, quoting a communiqué from the National Bureau of Statistics. 

The gross value added in the goods sector in the first three months of the year fell by 1.3%, in industry by 2.1%, while in the transport sector by 5.3%. In agriculture it rose by 1.6%, in the service sector by 2.6%, while in the construction sector by 9.8%. 

The volume of taxes on product collected into the national public budget decreased by 2.2% compared with the similar period last year. 

The final consumption increased by 1.9% following the 2.7% rise in the final consumption of households. The gross fixed capital formation exceeded the indexes for the previous year by 1.0%. 

Exports grew by 8.2%, while imports by 6.1% comported with January-March 2011. 

The economic growth in Moldova in 2011 was 6.4%, this being one of the highest indicators in the region and in Europe. For 2012, the Ministry of Economy forecast an economic growth of 3 – 4%. 

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