TIRANA, June 29 /ATA/-Albanian economy accelerated pace of growth in the first three-month period of the current year in synchronous with a notable increase of the FDI that dominated the energy sector and mainly the TAP gas pipeline.
According to INSTAT, Gross Domestic Product (GDP) in the first quarter of 2018 increased by 4.45 %.
The main contribution to this increase gave branches of the economy such as Industry, Electricity and Water by +2.42 percentage point.
Likewise, the oil and mineral export had also a positive pace during this period.
Trade, Transport, Accommodation and Food Services increased by +0.54% while Accommodation and Food Service increased by 19.22 %
According to INSTAT, Construction contributed during this quarter by +0.17%. And Agriculture also marked a positive trend of 0.37%.
While, Financial and Insurance services decreased by -0.04%. According to INSTAT, the exchange rate had an impact to this indicator. e.xh/ /a.g/p.s./
