According to new estimates released by the Ministry of Trade and Industry on 25 May, in Q1, the economy grew 0.2% over the previous quarter at a seasonally adjusted annualized rate (previously reported: 0.0% quarter-on-quarter SAAR), which marked the weakest performance in three quarters. The reading was notably below the 6.2% rise recorded in Q4 and overshot the flat result the markets had expected.