Please note that this press release was corrected 14 September 2018 at 9 am.
Non-seasonally adjusted figures indicate a year over year increase in real GDP by 7.2% for the 2nd quarter of 2018. Total domestic expenditure increased by 6.6%. Household final consumption increased by 5.1%, government final consumption by 2.8% and gross fixed capital formation by 7.5%. At the same time exports grew by 0.8% while imports declined by 0.4%.
Seasonally adjusted GDP in the 2nd quarter of 2018 increased by 1.8% from the previous quarter.
In real terms, non-seasonally adjusted Gross Domestic Product (GDP) for the first two quarters of 2018 increased by 6.4% compared with the same period of 2017. Total domestic final expenditure increased by 6.2%. Household final consumption increased by 5.3%, government final consumption by 3.1% and gross fixed capital formation by 7.6%. At the same time exports grew by 4.5% and imports grew by 4.1%.
Quarterly national accounts, the 2nd quarter 2018 Statistical Series