In the first quarter of this year, B&H had a growth in economic activity based on a real increase in imports and activities within the real sector, with on the other hand, a slight increase in domestic demand and import, as stated by the Directorate for Economic Planning of B&H.
The movement of imports indicates a slight increase in domestic demand, which additionally indicates the annual growth of VAT revenue per income from 1.1%, and the real growth of retail turnover from 7.2% in the first quarter of this year.
The increasing export of goods at an annual level, followed by an increase in manufacturing industry compared to the fourth quarter of last year, indicates the certain strengthening of activities in the real sector in B&H.
Observed at sector level, the key reason for the stagnation of industrial production during the first quarter of this year was the manufacturing industry, which represents two-thirds of total industry, and in the mentioned period, achieved a slight increase in production of 0.2%.
However, if the manufacturing industry is compared with the fourth quarter of the last year, certain progress was recorded.
During the first quarter of this year, a significant contribution of the sector for the production of electricity is missing, which recorded a solemn increase in the production of 0.2% compared to the same period of the last year.
(Source: ekapija.ba)
