Please note that this press release was corrected 14 September 2018 at 9 am.

Non-seasonally adjusted figures indicate a year over year increase in real GDP by 7.2% for the 2nd quarter of 2018. Total domestic expenditure increased by 6.6%. Household final consump­tion increased by 5.1%, govern­ment final con­sump­tion by 2.8% and gross fixed capital formation by 7.5%. At the same time ex­ports grew by 0.8% while imports declined by 0.4%.

Seasonally adjusted GDP in the 2nd quarter of 2018 increased by 1.8% from the previous quarter.

In real terms, non-seasonally adjusted Gross Domestic Product (GDP) for the first two quarters of 2018 increased by 6.4% compared with the same period of 2017. Total domestic final expenditure increased by 6.2%. Household final consumption increased by 5.3%, govern­ment final consumption by 3.1% and gross fixed capital formation by 7.6%. At the same time ex­ports grew by 4.5% and imports grew by 4.1%.

Quarterly national accounts, the 2nd quarter 2018 Statistical Series