Which sectors are responsible for the positive growth rate
The growth rate of the economy during the second quarter of 2023 is positive and is estimated at 2, 1% compared to the corresponding quarter of 2022, according to a preliminary estimate of the Statistical Service.
After adjusting GDP for seasonal variations and working days, the growth rate is estimated at 2.3% .
The positive GDP growth rate is mainly due to the sectors: “Hotels and Restaurants”, “Transport and Storage”, “Information and Communications”, “Wholesale and Retail Trade, Repair of Motor Vehicles”, “Arts , Amusement and Entertainment” and “Other Service Activities”.,
Compared to the previous quarter (seasonally adjusted figures) the growth rate was down 0.4%.