Households’ consumption expenditure increased by 0.9 percent after a 0.2 percent rise in the previous quarter. Government expenditure grew by 0.5 percent, the same rate as in the preceding quarter. Total gross fixed capital formation decreased by 0.1 percent, following a 0.4 percent fall in the preceding quarter. Final domestic demand (excluding changes in inventories) contributed for +0.6 points to GDP growth (after +0.2 points at the end of 2014).
Imports accelerated by 2.6 percent, following a 1.8 percent rise in the December quarter. Exports grew by 1.1 percent, slowing from a 2.8 percent in the previous quarter).
Year-on-year, the GDP grew by 0.8 percent in the first quarter of 2015, better than a 0.7 percent increase initially estimated and after showing no growth in the previous period.