On the expenditure side, household consumption increased by 0.3 percent (+0.2 percent in Q2) and government spending advanced by 0.5 percent (+0.4 percent in Q2). Meanwhile, gross fixed capital formation rose at a slower 0.2 percent (+1.2 percent in Q2), and changes in inventories added 0.1 p.p. to expansion (-0.2 p.p. in Q2). The contribution of external trade was negative, with exports rising 0.1 percent (+1.2 percent in Q2) and imports increasing at a faster 0.2 percent (+1.2 percent in Q2).
On the production side, industry grew by 0.4 percent (+0.1 percent in Q2), boosted by manufacturing (+0.3 percent from -0.1 percent in Q2). Construction advanced by 0.5 percent (-0.1 percent in Q2). Among services, output rose for: trade, transport, accommodation and food service activities (+0.4 percent, the same as in Q2); administration and other public services (+0.3 percent from +0.2 percent in Q2), real estate activities (+0.1 percent from +0.2 percent in Q2); professional and support service activities (+0.3 percent from +1 percent in Q2); and financial and insurance activities (+0.1 percent from -0.4 percent in Q2). By contrast, output fell for agriculture, forestry and fishing (-0.6 percent, after showing no growth in Q2).
Year-on-year, the economy advanced 1.7 percent, following a 1.6 percent expansion in the previous three months and better than preliminary figures of 1.6 percent.