In the third quarter, domestic demand contributed 0.3 percentage points to growth (from +0.1 percentage points in the preceding quarter). Private consumption, investment and inventory accumulation each contributed 0.1 percentage points to quarterly growth. Government spending gave no contribution to growth. Net exports contributed negatively to growth (-0.1 percentage points from +0.3 percentage points).
Compared to the same quarter a year earlier, the GDP advanced 1.0 percent, slightly faster than earlier projections of a 0.9 percent growth.
For 2016, the economy is predicted to grow by 0.8 percent, lower than previous estimates of 1.2 percent expansion made in September.