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Press release

Quarterly national accounts

In the second quarter of 2013 the seasonally and calendar adjusted, chained volume measure of Gross Domestic Product (GDP) decreased by 0.3 per cent with respect to the first quarter of 2013 and by 2.1 per cent in comparison with the second quarter of 2012.

Compared to the first quarter of 2013, both final consumption expenditure and gross fixed capital formation decreased by 0.3 per cent. Exports increased by 1.2 per cent, while imports decreased by 0.3 per cent.

With respect to the second quarter of 2012, final consumption expenditure decreased by 2.4 per cent, gross fixed capital formation by 5.9 per cent and imports by 4.6 per cent, while exports increased by 0.2 per cent.

Period: Second quarter 2013

Date of Issue: 10 September 2013

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