Real GDP growth in the third quarter of this year was 1.1 percent

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The real growth of the gross domestic product (GDP) in the third quarter of this year, compared to the same period of the previous year, was 1.1 percent, and the turnover of goods in retail trade increased by 23.4 percent in nominal terms and 5.3 percent in real terms. today, the New Economy portal, referring to data from the Ministry of Finance and the Republic Institute of Statistics.

At the same time, real growth compared to the 2021 average of 5.3 percent was recorded, while compared to the previous month, the real turnover of goods was lower by about four percent.

The nominal growth of the turnover of food, beverages and tobacco in September was 21.8 percent year-on-year, while real growth recorded a growth of 3.2 percent.

In the case of non-food products, except for motor fuels, the nominal growth of turnover was 18.8, and the real growth was 3.4 percent, while in the case of motor fuels, the nominal growth of turnover was 35.3 percent, and the real growth was 12.4 percent, Danas writes.
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