Belarus's GDP increased by 10.9% in the first quarter

April 12, Minsk /BELTA correspondent/. Belarus's gross domestic product (GDP) for January-March in comparable prices amounted to 110.9% compared to the same period last year, BELTA was informed by the National Statistical Committee. At the same time, in the production sector, GDP growth was 112.5%, and in the services sector, it was 110%. In accordance with the socio-economic development forecast for 2011, GDP growth should be 109-110% compared to the 2010 level. Industrial production for the first quarter increased by 11.8% and amounted to Br49.818 trillion (annual growth forecast - 9-9.5%). The share of shipped innovative products in the total volume of shipped products in January-March was 11.8%. According to the forecast for 2011, this indicator should be 12-13%.-0-