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%.
ZF English
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.