"Gross domestic product in the second quarter 2013 was, in real terms, up by 0.5% compared to the first quarter of 2013 (seasonally adjusted). Compared to the same quarter of 2012, GDP grew by 1 5% on the gross series and by 1.4% in seasonally adjusted. During the first half 2013 GDP increased compared to the first half of 2012 by 1.8%, both as gross series and seasonally adjusted "the National Statistics Institute said Wednesday in a press statement.
GDP in the second quarter was placed at 154.295 billion in current prices, going up in real terms by 0.5% compared to the first quarter of 2013 and by 1.4% over the second quarter of 2012, the National Institute of Statistics shows.
The GDP estimate for the first quarter is 307.263 billion in current prices rising, going up in real terms by 1.8% compared to the first half of 2012.
The main contributors to the GDP growth in the first half of 2013 compared to the first half of 2012, were the industry (+1.1%), with a share of 30.3% to the GDP and whose workload increased by 3.9%, the real estate (+0.3%), with a share of 7.9% in GDP and whose workload has increased by 3.2%, agriculture, forestry and fishing (0, 2%), with a lower share in GDP (3.5%) and whose workload has increased by 6.1%, and professional, scientific and technical activities, administrative services and support services (+0.2%), with a share of 5.8% in GDP and have increased the workload by 3.2%.
"From the point of view of GDP use, the growth was due to net exports (with a contribution of 5.3%) as a result of 10.7% growth in exports of goods and services related to the reduction of goods imports and services by 0.9%. Due to the decrease in the volume of gross fixed capital formation (4.4%) it had a negative contribution to GDP growth of -1.0%, " INS informs.
Reducing inventories in the economy resulted in a significant negative contribution to GDP growth of -2.5%.