Industry reduce third-quarter GDP

In nominal terms, GDP reached 17 778 million at current prices, the decline in the industrial sector by 10% compared to Q3 of 2008.

According to quarterly estimates of express NIS real GDP decline of 5.8 percent for the third quarter of 2009 over the corresponding period a year earlier, the statistical office reported. In nominal terms, GDP reached 17 778 million at current tseni.Sazdadenata in sectors of national economy gross value added amounted to 14 777 million at current prices. Compared with the third quarter of 2008, real gross value added decreased by 6%. The decline in GDP in the third quarter of 2009 due mainly to the reduction of value added in industrial sector, which is 10% less than with the third quarter of 2008. Compared with the same period last year, a decline in real value added in services was 5.7 percent, while the agricultural sector gross value added increased in real terms by 3%. The added value realized by the agricultural sector determines 10.4% of total value added in the economy. The share of industrial sector was 28.1 percent, while the services sector occupies the largest part of total value added 61.5%. On the part of end-use GDP, expenditure on individual consumption actually decreased by 11.5% and collective consumption expenditure by 1.2 respectively % versus the third quarter of 2008. Investment in fixed capital show a real decrease of 22.9%. Evaluation index of physical volume of exports of goods and services actually shows a decrease of 13.2% while the index of imports of goods and services shows a decrease of 28.7%. The structure of end use GDP, final consumption occupies 69.4 percent, while investments in fixed have a share capital of 24.9% of BVP.Vanshnotargovskoto balance is positive (4.3% of GDP). During the first nine months of 2009 real GDP decline of 4.8 percent compared with first nine months of last year. Estimated current volume of GDP for the nine months of 2009 amounted to 48 061 million gross value added for the economy was 40 240 million and actually declined by 3.8 percent level reached during the corresponding period in 2008 godina.Ot part of the production method, estimates of the agricultural sector showed a reduction in real value added by 1%, industry sectors to create s9.8% less added value than in the first nine months of 2008. Value added in services actually declined by 1%. Individual consumption expenditure decreased by 7.6 percent, while investments in fixed capital by 18.1%. Foreign trade balance is negative (- 7.5% of GDP nominalniyaobem). For the first nine months of 2009 exports of goods and services decreased s15.3%, while imports of goods and services 24.8 percent.

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Finance