The estimated real Gross Domestic Product (GDP) growth rate in March 2020 equaled -2.7 percent YoY. The estimated average real GDP growth for Q1 2019 equaled 1.5 percent YoY.

Geostat has released a preliminary estimate of economic growth in March.

According to Geostat data, in March 2020 the estimated real growth compared to the same period of the previous year was posted in the following activities: Construction, Information and communication.

A decrease was registered in Accommodation and food service activities, Transportation and storage, Arts, entertainment and recreation, Wholesale and retail trade; repair of motor vehicles and motorcycles, Financial and insurance activities, Electricity, gas, steam and air conditioning supply, Manufacturing, Real estate activities.