“According to the Flash Estimate compiled by the Statistical Service, the GDP growth rate in real terms during the second quarter of 2021 is positive and it is estimated at 12.8% over the corresponding quarter of 2020”, Cystat announced. Based on seasonally and working day adjusted data, GDP growth rate in real terms is estimated at 12.9%.
The positive GDP growth rate is mainly attributed to hotels and restaurants, construction, manufacturing, transport, storage and communication, wholesale and retail trade, repair of motor vehicles, arts, entertainment and recreation amd other service activities.
