On a seasonally adjusted basis, general government expenditure expanded by only 0.1 percent after increasing by 0.5 percent in the previous quarter. Household consumption grew by 0.7 percent compared to a 0.5 percent increase in Q2 and gross fixed capital formation went up by 1.2 percent compared to 1.1 percent growth in the precedent quarter. Exports of goods advanced 2.1 percent (+0.1 percent in Q2) and imports by 2.3 percent (after showing no growth in Q2). Exports of services grew by 2.3 percent (+2.1 percent in Q2) and imports by 1.8 percent (+0.8 percent in Q2).
On the production side, market production of goods and services increased by 1.1 percent, as production of goods rose by 1.2 percent and service-producing industries grew by 1.1 percent.
Year-on-year, the economy expanded 3.9 percent, up from an upwardly revised 3.4 percent growth in the previous period and reaching the highest value since the first quarter of 2011.