The economic growth rate for the second quarter of 2024 is positive, estimated at 3.6% compared to the same quarter in 2023.
According to the Statistical Service, after adjusting the GDP for seasonal fluctuations and working days, the growth rate is calculated at 3.7%.
Regarding the production approach for calculating GDP, the positive growth rate is mainly attributed to the sectors of “Hotels and Restaurants,” “Construction,” “Information and Communications,” and “Wholesale and Retail Trade, Repair of Motor Vehicles.”
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