Second quarter growth was unrevised at -0.3 percent quarter-on-quarter.
While consumer spending contracted less in the third quarter (-0.1 percent from -0.3 percent in the previous three-month period), government consumption showed no growth (0.0 percent). Gross fixed investment fell 0.1 percent after stagnating in the June quarter and net exports dropped by 0.4 percent, following a meager 0.4 percent rise in the previous quarter.
In contrast, inventory accumulation surged 0.6 percent, recovering from a 0.4 percent drop in the preceding period.
On a year-on-year basis, the GDP shrank by 1.8 percent, revised up from a preliminary estimate of -1.9 percent. Second quarter growth was unrevised at -2.2 percent.