Year on year (YoY), it grew by 1.5 per cent in Q2 2025.
The rate of economic growth has slowed over the past five quarters.
The QoQ growth in Q2 2025 was mainly a result of investments and public consumption, a CBS release said.
Price-adjusted investment in fixed assets rose by 1.5 per cent QoQ in Q2 2025. Public consumption rose by 0.8 per cent QoQ in the quarter.
Household consumption fell by 0.4 per cent QoQ in Q2 2025. Households spent less on clothes.
Exports of goods and services rose by 0.9 per cent QoQ, while such imports rose by 2.6 per cent QoQ in the quarter. This led to a reduction in the trade surplus QoQ.
Public consumption, investments and household consumption contributed the most to the YoY growth in Q2 2025.
Public consumption was 2.8 per cent higher YoY, and household consumption was 1 per cent higher. Investments were 2.5 per cent higher YoY in Q2. Exports were up by 2.2 per cent YoY, while imports rose at 3.7 per cent YoY in the quarter. This led to a lower trade surplus YoY.
ALCHEMPro News Desk (DS)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!