The results of quarterly national accounts for Q2 showed the annual economic growth stood at 2.8% after an annual 2.4% rise in Q1 of 2022, the National Institute of Statistics (INS) announced Monday.
The volume of the GDP in terms of quarterly variations shrank 1% compared to the previous quarter.
This increase is driven by the dynamics of the services sector (+5.2% year-on-year), particularly in relation to accommodation and catering (+42.5%) and transport (+19%).
In manufacturing industries, textile as well mechanical and electrical engineering industries reported an acceleration in the pace of growth with the respective rates of +16.4% and +6.3%.
Growth dropped in petroleum and natural gas extraction (-15.7%), construction (-11.6%), building materials industries (- 6.9%) and chemical industries (-2%).