Friday, February 27, 2015

GUS: GDP growth reached 3.1 percent. – Pulse Business

GUS: GDP growth reached 3.1 percent. – Pulse Business

In mid-February GUS fast (experimental) estimates that GDP grew by 3.0% y / y in the third quarter. This year.

In the fourth quarter of 2014. Domestic demand growth in a year was 4.6%, which was slower than that recorded in the third quarter. (4.9%). The increase in domestic demand made up, continuing from the first quarter of this year, the accumulation of high growth – by 8.5% (compared to 12.0% in the third quarter.), Including an increase in investment demand by 9.0% (in the third quarter 9.9%), stressed the CSO.

Total consumption in the fourth quarter of 2014. increased by 3.2% (compared to 3.3% in the third quarter of this year), including the consumption in the sector of home – about 3.1%.

“As a result of the positive impact of domestic demand growth rate was 4.6 percentage points. vs. 4.9 percentage points. In the third quarter of this year. The positive impact of total consumption was 2.3 pp. to 2.7 percentage points. In the third quarter of this year. The positive impact of total consumption on GDP growth contributed to positive effects of consumption of households: 1.6 pp. and public consumption + 0.7 percentage points. ” – Reads.

“As a result of further strengthening of the positive impact of investment demand (up to 2.4 percentage points.), With a slightly negative impact of the increase in inventories (+0.1 pp.) , remained similar to that recorded in the third quarter. 2014. positive effect of accumulation, which amounted to 2.3 percentage points. decreased slightly negative contribution of net exports to growth and amounted to -1.5 percentage points. to -1.6 pp. in the third quarter. 2014. ” – The Authority further wrote.

In terms of unregulated seasonally, gross value added in the national economy in the fourth quarter. 2014. Increased by 2.5% y / y, is also given in the message. In the third quarter. Last year the increase amounted to 2.8% y / y.

“The gross value added in industry increased by 3.5% compared to the same period of 2013., while in the construction sector grew by 2.5%. Gross value added in trade and repairs increased by 2.6%, in transportation and storage increased by 0.2%. The gross value added in financial and insurance activities increased by 10.2% compared to the same period of 2013. ” – Read on.

Gross capital formation in the fourth quarter of 2014. Increased by 8.5% compared to the same period of 2013., Including gross fixed capital formation increased by 9.0%. The investment rate (ratio of gross fixed capital formation to gross domestic product at current prices) was 27.7% compared to 26.4% the year before., Also gave the CSO.

In the fourth quarter of 2014. Domestic product (GDP), seasonally adjusted (in constant prices, reference year 2010) increased in real terms by 0.7% compared to the previous quarter and was higher than the previous year by 3.2%.

In terms of unregulated seasonally GDP growth in the first quarter amounted to. 2014. 3.4% y / y in the second quarter. – 3.5% y / y in the third quarter. – 3.3%.

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