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Press release

Quarterly national accounts

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In the second quarter of 2014 the seasonally and calendar adjusted, chained volume measure of Gross Domestic Product (GDP) decreased by 0.2 per cent with respect to both the first quarter of 2014 and the second quarter of 2013.

Compared to the first quarter of 2014, final consumption expenditure was unchanged, gross fixed capital formation decreased by 0.9 per cent; imports and exports increased by 1.0 per cent and 0.1 per cent respectively.

With respect to the second quarter of 2013, final consumption expenditure increased by 0.2 per cent, imports by 2.0, exports by 1.9 per cent, while gross fixed capital formation decreased by 2.1 per cent.

Reference period: II quarter 2014

Date of Issue: 29 August 2014

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