• Evidence Based Policy - Macroeconomic Research Center

In the second and third quarters (year-to-year), final consumption expenditures began to show positive growth for the first time since 2014. In the third quarter (year-to-year) for the first time (starting from the 1st quarter of 2015), gross accumulation made a positive contribution to the overall growth. At the same time, in the second and third quarters (year-to-year), net exports started to decline for the first time since 2015.The structure of GDP growth began to resemble the one that was observed in the second half of 2012 and throughout 2013.

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