It was the fifth straight quarter of expansion and it was mainly supported by a rise in domestic demand (+0.8 percent against +1.6 percent in Q1). Final consumption expenditure advanced at a faster pace (+1.2 percent against +0.6 percent in Q1), mainly due to higher households spending (+1.3 percent against +0.8 percent in Q1) and stronger government consumption (+0.7 percent against +0.2 percent in Q1). By contrast, gross capital investment contracted by 1.2 percent (+7.1 percent in Q1), as fixed investment fell 2.4 percent (+3.9 percent in Q1) and construction declined 5.3 percent (+7.1 percent in Q1). Net external demand contributed negatively to the expansion, as imports of goods and services expanded 4.5 percent (+2.5 percent in Q1) while exports increased at a slower 3.9 percent (-0.4 percent in Q1).
Total employment expanded 1.3 percent, following a 0.7 percent growth in the precedent quarter.
Year-on-year, the economy advanced 1.5 percent, the same pace as in previous quarter. Final consumption expenditure grew 2.7 percent, as households spending expanded by 3.4 percent (+2.5 percent in Q1) and public expenditure increased by 0.5 percent (-0.4 percent in Q1). Fixed investment grew 3.9 percent (+9.5 percent in Q1), contributing to a 7 percent expansion of gross capital formation (+1.7 percent in Q1). Exports increased by 7.8 percent (+6.6 percent in Q1) and imports went up 12.3 percent (+7.1 percent in Q1). As a result, net exernal demand registered a significant negative contribution to the economy's growth.