In the agriculture, forestry and fishery sector, the agricultural sector showed positive signs with an increase of 1.38% over the same period last year (in the first quarter of 2016 it decreased sharply by 2.69%), contributed 0.12 percentage point to the overall growth rate; Forestry sector increased 4.94%, contributing 0.03 percentage point; The fishery sector increased by 3.50%, contributing 0.09 percentage points.

In the industrial and construction sectors, the industry increased by only 3.85% over the same period last year, the lowest level since 2011, in which the mining sector plummeted by 90% year on year, reducing 0.76 percentage points of general growth; Manufacturing grew 8.30% (down significantly from 9.70% in the same period of last year and 8.94% in the same period of 2016), contributing 1.46 percentage points. Construction rose 6.10%, lower than the 8.60% increase in the same period of 2016, contributing 0.30 percentage point.

In the service sector, the contribution of some industries accounted for a large proportion of the overall growth rate: Wholesale and retail sales increased 7.38% over the same period last year, contributing 0.77 percentage points to Overall growth; Accommodation and food services increased by 6.03%, contributing 0.25 percentage points; Financial, banking and insurance activities increased 7.76%, contributing 0.31 percentage point; Real estate business rose by 3.72%, contributing 0.23 percentage points.

In terms of economic structure in the first quarter of this year, agriculture, forestry and fisheries accounted for 11.19%; The industry and construction sector accounts for 34.06%; Service sector accounts for 43.99%; Product tax excluding product subsidies accounted for 10.76% (corresponding figures for the same period of 2016 are: 11.42%, 34.37%, 43.54%, 10.67%).

In terms of GDP use in the first quarter, final consumption increased 6.73% over the same period in 2016, contributing 7.25 percentage points to the overall increase (of which final consumption of households contributes 6.65 percentage points); Asset accumulation rose 8.50%, contributing 2.27 percentage points; The difference in the import and export of goods and services in trade deficit made the general growth rate decrease 4.42 percentage points.

Source: General statistics office