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Press release

Quarterly national accounts

In the third quarter of 2018 the seasonally and calendar adjusted, chained volume measure of Gross Domestic Product (GDP) decreased by 0.1 per cent to the previous quarter and increased by 0.7 per cent in comparison with the third quarter of 2017.

Compared to the previous quarter, final consumption expenditure decreased by 0.1 per cent, gross fixed capital formation by 1.1 per cent, whereas both imports and exports increased, respectively by 0.8 and 1.1 per cent.

With respect to the third quarter of 2017, final consumption expenditure increased by 0.3 per cent, gross fixed capital formation by 2.5 per cent, imports by 2.4 per cent, and exports by +1.3 per cent.

The carry-over annual GDP rate of growth for 2018 is equal to 0.9%.

Reference period: Third quarter 2018

Date of Issue: 30 November 2018

Next release: 5 March 2019

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