Household consumption, investments contribute most to economic growth in 2019

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Household consumption, investments contribute most to economic growth in 2019

Household consumption and investments had the most important contributions to the economy's growth last year, while export had a negative contribution, according to data published on Tuesday by the of Statistics (INS). In 2019, the gross domestic product increased by 4.1 pct compared to 2018, and the value of GDP in current prices was about 1,054 billion lei.

"From the point of view of the use of GDP, the growth was mainly due to: the end-consumption expenses of households, whose volume increased by 5.9 pct, contributing by 3.7 pct to the GDP growth; gross fixed…

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