Year-on-year, private expenditure grew a meager 0.2 percent, following a 0.5 percent increase in the second quarter. Gross fixed capital formation shrank for the third consecutive period by 0.4 percent. Public investment contracted 2 percent while private investment was flat.
Government spending increased at a faster 6.6 percent, boosted by a 9.1 percent rise in purchases of goods and services. Exports rose 8 percent, accelerating from a 5.7 percent rise in the previous period.
On a quarter-on-quarter seasonally adjusted basis, the economy advanced 0.4 percent, rebounding from a 0.5 percent contraction in the three months to June.