Household final consumption has been rising each quarter since Q1 2012 and was 2.1 percent higher in Q1 2014 than in the same period a year ago. Government final consumption expenditure increased by 2.2 percent while non-profit institutions serving households final consumption expenditure fell by 0.9 percent.
Gross fixed capital formation rose 10.4 percent, boosted by an 8.7 percent increase in business investment. Exports rose at a slower 2.2 percent.
On a quarter-on-quarter basis, the economy advanced 0.8 percent, unchanged from the estimate published later in April and follows a 0.7 percent rise in the fourth quarter of 2013.