On the production side, mining contracted 0.38 percent year-on-year, while the transport and communication sector recorded the highest annual growth rate (10.23 percent). Construction advanced 6.54 percent; electricity, gas and water supply 6.52 percent; financial and business services grew 6.16 percent and manufacturing expanded 5.16 percent.
On the expenditure side, exports shrank 0.78 percent and imports fell 0.66 percent. While government spending slowed to an annual 3.58 percent growth rate, private consumption and gross fixed capital formation accelerated slightly to 5.61 percent and 5.13 percent yoy, respectively.
On a quarter-on-quarter basis, the economy expanded 0.95 percent. Mining and quarrying in the first quarter contracted 3.57 percent; construction fell 5.21 percent and manufacturing shrank 2.28 percent. In contrast, agriculture production surged 22.7 percent.