June 25 (SeeNews) - Moldova's economy expanded by an annual 4.4% in real terms in the first quarter of 2019, with wholesale and retail being the main growth drivers, the country's statistical office said on Tuesday.
Calculated at current prices, Moldova's gross domestic product (GDP) totalled 41.1 billion lei ($2.25 billion/1.98 billion euro) in the first quarter, the statistical office said in a statement.
Quarter-on-quarter, Moldova's GDP rose 0.3% based on seasonally adjusted data.
The gross value added in the economy rose by 5.1% on the year, mainly boosted by the wholesale and retail sector, which posted 6.4% growth.
Final household consumption in Moldova expanded by 1.7% year-on-year in the first quarter. Gross fixed-capital formation increased 11.3% on the year.
Exports rose by an annual 9.5%, while imports increased 3.8% in the first quarter.
Moldova's economy expanded by 4.0% in real terms in 2018, mainly on the back of successful performance of the wholesale and retail sector.
(1 euro =20.7403 Moldovan lei)