Economic growth, same pace in the third trimester of 2015

11/01/2016 00:00

The Institution of Statistics said that in the third trimester of 2015,
economy kept the same pace as in the two previous ones. The Institution
of statistics says that economy marked a 2.98% growth in the
July-September period, and the biggest contribution of this growth came
with the construction sector.

Construction remains the main sector leading the growth, almost half of it in the third trimester, with professional and administrative activities coming next, such as Call Centers, legal studios, travel agencies and architect studios. These have contributed with 0.53% in the third trimester.

The third group leading the economic growth was the public administration, education and health sectors, giving 0.51% of the additional production.

The other sectors have had low growth or even negative, especially agriculture which has given negative results for the fourth consequent trimester.

The numbers of the third trimester have confirmed the accelerating trend of the economic growth, although with a small pace. In total, for the nine months, National production for 2015 increased with 2.74% from 2% that it was in the same period of 2014.

The government and the IMF valued that economic growth for all 2015 will be 2.7%, same as for the nine months.

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