Quarterly national accounts

In the fourth quarter of 2011 the seasonally and calendar adjusted, chained volume measure of Gross Domestic Product (GDP) decreased by 0.7 per cent with respect to the third quarter and by 0.4 per cent in comparison with the fourth quarter of 2010.

Compared to the third quarter, final consumption expenditure decreased by 0.7 per cent, gross fixed capital formation by 2.4 per cent, imports by 2.5 per cent while exports remained stationary.

With respect to the fourth quarter of 2010, final consumption expenditure decreased by 1.2 per cent, gross fixed capital formation by 3.1 per cent, imports by 7.2 per cent while exports raised by 3.0 per cent.