2014-01-31 15:12:59.0

Economic Activity and Foreign Trade

According to the Statistical Office's flesh estimate, real y-o-y GDP growth in Q4 2013 equalled 2.6%.
In December, industrial production recorded a drop of 0.4% s-a, while relative to December 2012 it rose by 0.5%. In y-o-y terms, manufacturing edged down by 1.9%, while mining and electricity, gas and steam supply rose by 5.7% and 5.9%, respectively.

According to s-a data, manufacturing dropped by 2.2% in December. The production of metal products, except machinery, and petroleum derivatives gave the strongest negative contribution to manufacturing. On the other hand, the key boost to total industry came from the production of tobacco products and computers, electronic and optical products.

Y-o-y, retail trade in December rose by 0.6% in real terms, but dropped by 5.1% annually.

According to s-a data of the Statistical Office, December saw a 1.8% decline in euro-denominated exports and 1.5% in imports. In y-o-y terms, euro-denominated commodity exports in December rose by 19.4% and imports by 2.9%. At year level, commodity exports equalled EUR 11 bln, up by 25.8%, while commodity imports stood at 5.1%.

Governor's Office

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