The estimated real Gross Domestic Product (GDP) growth rate amounted 7.0 percent for May 2023 year-over-year and the average real GDP growth for January-May 2023 equaled 7.5 percent.
In May 2023, compared to the same period of the previous year, the estimated real growth in following activities contributed significantly: Construction, Information and communication, Trade, Transportation and storage, Financial and insurance activities. Declines were registered in Manufacturing and Real estate activities.
