Constructions and trade continue to drag the economy down in Q2

The continued rise of industry in the second quarter of the year, and the return to growth of agriculture and of financial activities compensated for the steep decline of constructions and of trade, slowing the economic decline to 0.5% in the second quarter of the year against the similar period of last year.
The National Statistics Institute stood by its estimate of economic progression in the second quarter of the year, i.e. a 0.3% rise against January-March and a 0.5% decline against the corresponding quarter of 2009.
The industry grew by 5.9% in the second quarter of this year compared with the similar period of 2009. Increases were also recorded in agriculture ( 0.7%) and in financial, real estate and rental business, and enterprise services ( 0.8%).
On the other hand, the construction sector continued its decline, by 8.3%, with the volume of trade down 4.2%.