On the expenditure side, private consumption rose 0.03 percent, plummeting from a 3.67 percent expansion in the third quarter, mainly due to the government's decision to raise fuel prices in mid-November. Government expenditure surged 43.28 percent after posting a 4.74 percent growth in the third quarter, while non-profit institution serving households spending rose by 1.46 percent, following a 10.29 percent drop in the previous quarter. Investment activities advanced 2.99 percent, faster than a 2.47 percent expansion in the preceding quarter. Exports grew 4.32 percent, following a 0.59 percent frowth in July to September quarter. Meanwhile, imports rose 8.17 percent, rebounding from a 5.28 percent fall in the previous period.
On the production side, the agriculture declined the most by 22.44 percent, followed by wholesale and retail sector; bicycle and car reparation sector (-3.35 percent). In contrast, education services sector rose the most by 12.08 percent, followed by mining & quarrying (+3.89 percent), construction (+4.99 percent) and health services and social activities (+6.12 percent).
Year-on-year, the economy advanced 5.1 percent, the same expansion as in the third quarter, the slowest in five years.
For full year of 2014, the GDP grew 5.02 percent, following a 5.58 percent expansion in the preceding year.