Positive contribution to GDP mainly came from net trade (0.4 percetage points) and fixed investment (0.1 percentage points). Also, changed in inventories added 0.4 percentage points to growth Meantime, household consumption subtracted 0.1 percentage points from growth while government spending gave no contribution to growth.
Quarter-on-quarter, exports rose 1.7 percent, faster than a 1.0 percent in the June quarter while imports went up at a slower 0.9 percent (from 2.4 percent).
Gross fixed capital formation went up 0.4 percent, following a 1.5 percent in the June quarter, supported by investment in machinery and equipment (1.5 percent from 3.3 percent) and that in other products (0.6 percent from 0.9 percent). Meantime, construction investment cotracted by 0.4 percent, after a 0.5 percent rise in Q2
Private consumption declined by 0.1 percent, compared to a 0.9 percent increase in the preceding quarter.
Government spending was flat, after a 0.2 percent rise in Q2.
Year-on-year, the GDP advanced 2.8 percent, following an upwardly revised 2.3 percent growth in the previous three months. On a non-seasonally adjusted basis the economy grew by 2.3 percent year-on-year (from 1.0 percent in Q2), as private consumption (2.1 percent from 2.2 percent) and government spending (0.9 percent from 1.1 percent) increased further. In addition, gross fixed capital formation went up at a faster 3.6 percent (from 2.1 percent in the June quarter), as investment growth accelerated for: machinery and equipment (4.6 percent from 1.5 percent) and construction (3.2 percent from 2.0 percent). Meanwhile, investment in other products grew by 3.2 percent (from 3.4 percent). Net external demand contributed positively to the GDP, as exports went up 4.8 percent while imports advanced at a faster 5.5 percent.