Quarterly national accounts

In the third quarter of 2012 the seasonally and calendar adjusted, chained volume measure of Gross Domestic Product (GDP) decreased by 0.2 per cent with respect to the second quarter of 2012 and by 2.4 per cent in comparison with the third quarter of 2011.

Compared to the second quarter of 2012, both gross fixed capital formation and imports decreased by 1.4 per cent and final consumption expenditure by 0.8 per cent, while exports increased by 0.5 per cent.

With respect to the third quarter of 2011, gross fixed capital formation felt by 9.8 per cent, imports by 7.8 per cent and final consumption expenditure by 3.7 per cent, while exports rose by 1.6 per cent.