Total production increased 1.5 percent after rising 1.1 percent in Q3. Within the production aggregate output grew for: manufacturing (+1 percent from +0.5 percent in Q3); electricity, gas, steam and air conditioning supply (+5 percent from -1.1 percent in Q3); and water supply, sewerage, waste management and remediation activities (+6.4 percent from +5.2 percent in Q3). However, these positive growths were offset by a 1.3 percent decrease in mining and quarrying (from +3.6 percent in Q3).
Services advanced 3 percent, following a 3.1 percent growth in Q3. Within the services aggregate output expanded for: distribution, hotels and restaurants (+5.4 percent from +5 percent in Q3); transport, storage and communications (+3.3 percent from +4.2 percent in Q3); business services and finance (+3 from +3.1 percent in Q3); government and other services (+1.2 percent from 1.6 percent in Q3).
Construction output was estimated to have increased by 0.8 percent, following a gain of 1.7 percent during Q3.
Agriculture output continued to contract (-1.6 percent from -1.7 percent in Q3).
Looking at 2016 as a whole, growth slowed modestly to 2 percent from 2.2 percent in 2015 and 3.1 percent in 2014. Output rose at a slower pace for total production (+1.1 percent from +1.2 percent) and construction (+1.4 percent from +4.9 percent); while agriculture contracted (-0.6 percent from +1.2 percent). Meanwhile, services industries expanded further (+2.8 percent from +2.6 percent).