In the September quarter, private investment expanded 0.4 percent, accelerating from a 1.9 percent growth in the June quarter. In contrast, government spending shrank 5.3 percent, following a 4.4 percent contraction in the preceding quarter. Gross fixed capital formation decreased by 2.9 percent, after registering a 3.7 percent decline in the previous quarter. Exports of goods and services rose 1.2 percent, compared to a 2.1 percent contraction in the previous three months. In contrast, imports of goods and services went donw by 0.2 percent, following a 1.3 percent rise in the preceding quarter.
On the production side, wholesale and retail trade, repair of motor rose (+1.3 percent from +1.1 percent) and financial intermediation (+0.6 percent from +1.62 percent). In contrast, agriculture fell (-0.1 percent from -1.0 percent), manufacturing (-0.1 percent from +1.2 percent),
Year-on-year, the country's GDP expanded 3.2 percent from a year earlier in the September quarter of 2016, compared to a 3.5 percent expansion in the second quarter and market expectations of a 3.4 percent growth.