Core inflation in November 2020 increased by 0.03% over the previous month and increased by 1.61% over the same period last year. Average core inflation of 11 months of 2020 grew by 2.43% compared to the same period of 2019.
Gross domestic product (GDP) in the third quarter of 2020 is estimated to increase by 2.62% over the same period last year, which is the lowest increase of every third quarter in the period 2011-2020. The covid-19 epidemic was strictly controlled, the economy gradually returned to operation in new normal...
The GDP growth rate fell to decade low of 3.82% in the first quarter this year due to negative impacts of the novel coronavirus (COVID-19) pandemic which is spreading swiftly and complicatedly across the world.
Report on the the socio-economic situation in the 1st two months of 2020 Source: MPI