Year-on-year, both household and government expenditure slowed (up 3.3 percent and 1.9 percent respectively form 3.4 percent and 2.3 percent respectively in the previous period). Gross fixed capital formation surged 4.9 percent but slowed from a 5 percent expansion in the first three months of the year. Business investment increased 5 percent.
Exports grew at a faster 8.1 percent, following a 3.8 percent gain in the previous period while imports went up 5.9 percent (4.6 percent in Q1).
On a quarterly basis, the economy expanded a seasonally adjusted 0.7 percent, in line with the preliminary estimate, marking the tenth consecutive quarter of growth.