On the expenditure side, household spending went down 0.7 percent, following a 1.3 percent drop in the previous quarter. Government consumption was down 0.5 percent, reversing from a 1 percent rise in the previous quarter.
In contrast, gross fixed capital formation went up 0.4 percent, the first gain since the third quarter of 2013. Exports increased for the second straight quarter, up 0.4 percent, following a 4.3 percent rise in the previous period. Imports rose 4.5 percent, the first gain in five quarters.
Year-on-year, the GDP shrank 3.8 percent.