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INS downgrades GDP growth estimates to 4.8 pct in last quarter of 2020

• Gross domestic product in Q4 2020 was, in real terms, by 4.8%1 higher, as compared to Q3 2020; • As against the same quarter of 2019, the Gross Domestic Product recorded a decrease by 1.4% for unadjusted series and by 1.8% for seasonally adjusted series; • The seasonally adjusted series of quarterly Gross Domestic Product was readjusted as a result of the ...

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