GDP of Moldova grew by 3.7% in the first quarter

In the first quarter, the economy of Moldova increased by 3.7% in annual terms to 37 billion 609 million leu, the Bureau for National Statistics said. The report notes that wholesale and retail trade, maintenance and repair of vehicles, transport and storage contributed to the GDP growth. At the same time, net exports for the quarter fell by 2.3% due to a significant predominance of imports of goods and services over exports. In the first quarter, final consumption of households increased by 4%. The Ministry of Economy and Infrastructure of Moldova forecasts GDP growth of 3.8% in 2018.

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