Final consumption expenditure advanced by 1.1 percent, from 0.7 percent growth in the previous period, as government expenditure expanded 2.5 percent (+0.8 percent in Q3) while gross fixed investment grew at a slower 1.1 percent (+1.3 percent in Q3) and household consumption went up 0.5 percent (+0.6 percent in Q3). Meanwhile, net external demand dragged the expansion down as exports of goods and services rose by 3.2 percent, following a 1.9 percent growth in the previous period, while imports advanced at a faster 3.8 percent, compared to a 1.7 percent increase in Q3.
Year-on-year, the economy expanded by 4.3 percent compared to a 3.4 percent growth in the previous quarter and above preliminary estimates of 3.9 percent growth. Total consumption expenditure increased 4.4 percent (+3.0 percent in Q3), as public consumption rose 1.6 percent (+0.2 percent in Q3) and household consumption advanced by 1.5 percent (+1.9 percent in Q3). Gross fixed investments grew at a faster 1.2 percent (+0.8 percent in Q3) .