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Press release

Quarterly national accounts

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In the first quarter of 2014 the seasonally and calendar adjusted, chained volume measure of Gross Domestic Product (GDP) decreased by 0.1 per cent with respect to the fourth quarter of 2013 and by 0.5 per cent in comparison with the first quarter of 2013.

Compared to the fourth quarter of 2013, final consumption expenditure increased by 0.1 per cent, gross fixed capital formation decreased by 1.1 per cent; imports increased by 0.3 per cent and exports by 0.8 per cent.

With respect to the first quarter of 2013, final consumption expenditure decreased by 0.3 per cent and gross fixed capital formation by 1.3 per cent; imports increased by 1.3 per cent and exports by 3.3 per cent.

Reference period: 1 quarter 2014

Date of Issue: 10 June 2014

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