Total consumption expenditure in the first quarter of 2015 increased by 0.9 percent, as household consumption grew 1.1 percent (+0.8 percent in Q4). Public spending eased to a 0.3 percent expansion, after increasing 1.1 percent in Q4.
While gross capital formation contracted 1.3 percent (+0.7 percent in the precedent quarter), fixed investment rose at a faster 2.9 percent, after expanding 2.4 percent in the previous quarter.
Exports rose 2.1 percent (+2.2 percent in Q4) and imports increased at a slower 1.5 percent, following a 2.4 percent growth in Q4.
Year-on-year, the economy expanded 3.6 percent, up by 0.3 percentage point from the previous quarter, as fixed investment and private consumption expanded 11.4 percent (+8.6 percent in Q4) and 3.1 percent (+3.0 percent in Q4) respectively. Domestic demand slowed to a 2.6 percent growth (against 5.0 percent in Q4) while total consumption rose 3.1 percent against a 3.8 percent expansion in the precedent period.