Private consumption growth eased to 6.7 percent from 8.3 percent in the previous quarter while government spending jumped 18.8 percent, accelerating from a 2.9 percent growth in Q1. Gross fixed capital formation shrank at a faster 3.1 percent, following a 1.9 percent contraction in the previous period.
Exports increased 3.2 percent, following a 1.9 percent drop in the first quarter; while imports declined 5.8 percent after falling 1.6 percent in the precedent period.
On the production side, the gross value added for public administration, defence and other services expanded the most (+12.3 percent), followed by: financial, insurance, real estate and professional services (+9.4 percent); electricity, gas, water supply and other utility services (+9.4 percent); manufacturing (+9.1 percent); trade, hotel, transport, communication and services related to broadcasting (+8.1 percent); agriculture, forestry and fishery (+1.8 percent) and construction (+1.5 percent). By contrast, mining and quarrying contracted 0.4 percent.