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Press release

Quarterly national accounts

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In the second quarter of 2016 the seasonally and calendar adjusted, chained volume measure of Gross Domestic Product (GDP) resulted unchanged with respect to the first quarter of 2016 and increased by 0.8 per cent in comparison with the second quarter of 2015.

Compared to the first quarter of 2016, final consumption expenditure remained unchanged, gross fixed capital formation decreased by 0.3 per cent; imports and exports increased by 1.5 per cent and 1.9 per cent respectively.

With respect to the second quarter of 2015, final consumption expenditure raised by 1.1 per cent, gross fixed capital formation by 2.1 per cent, imports by 2.1 per cent and exports by 0.8 per cent.

Reference period: Second quarter 2016

Date of Issue: 02 September 2016

Next release: 1 December 2016

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