Q:
A:
GDP drops 1.3% in first quarter of 2012
Belgrade,
29 June 2012
The Serbian Statistics Office today stated that Serbia’s GDP in the first quarter of 2012 dropped 1.3% in real terms, compared with the same period last year.
Observed by activities, the largest growth in real terms was recorded in the construction sector (7.8%) and the information and communication sector (7.4%).
The greatest fall was recorded in transportation (5.1%), supply of electricity, gas and steam (3.4%), trade (3.2%) and the processing industry (3.1%).
A seasonal adjustment of data shows a 0.2% drop in GDP in the first quarter of 2012, against the previous quarter, the statement adds.
The greatest fall was recorded in transportation (5.1%), supply of electricity, gas and steam (3.4%), trade (3.2%) and the processing industry (3.1%).
A seasonal adjustment of data shows a 0.2% drop in GDP in the first quarter of 2012, against the previous quarter, the statement adds.
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