CBS report: This is an industry that has recorded an increase in productivity

by time news

The CBS report also indicates an increase in the revenue of the manufacturing, mining and quarrying industries of 2.4% on an annual basis after a decrease of 0.2%. In the wholesale and retail trade and motor vehicle repair industries, there was a decrease of 0.3% on an annual basis, after an increase of 0.5%.

In another CBS review, which examines gross domestic product, at constant prices (after deducting the seasonal effect), a downward trend was noted in the first quarter of 2022 by 1.8% compared to the previous quarter, after an increase of 15.6% in the fourth quarter of 2021. Also , Gross domestic product per capita decreased by 3.4% on an annualized basis.

More in-

It should be noted that the decline in gross domestic product in the first quarter of the year follows the exceptional increase in the fourth quarter, so that the gross domestic product in the first quarter of 2022 increased by 9.0% compared to the first quarter of 2021. This sharp increase was not in the last twenty years , Still taking into account the recovery from the crisis.

You may also like

Leave a Comment