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Quarterly national accounts

In the first quarter of 2011 the seasonally and calendar adjusted, chained volume measure of Gross Domestic Product (GDP) increased by 0.1 per cent with respect to the previous quarter and by 1.0 per cent in comparison with the first quarter of 2010.

Compared to the previous quarter, final consumption expenditure raised by 0.3 per cent, gross fixed capital formation increased by 0.5 per cent; imports and exports increased by 0.7 per cent and 1.4 per cent respectively.

With respect to the first quarter of 2010, final consumption expenditure increased by 0.7 per cent, gross fixed capital formation by 1.5 per cent, imports by 8.6 per cent and exports by 7.3 per cent.