On the expenditure side, government consumption recorded the highest contraction (-4.8 percent), followed by gross fixed capital formation (-1.8 percent). Private consumption dropped by 1.2 percent, after expanding by 3.0 percent in the last three months of 2012.
Exports declined by 0.1 percent quarter-on-quarter, while imports expanded by 1 percent.
On the production side, construction, services and agriculture expanded by 0.6 percent, 0.3 percent and 0.1 percent, respectively, while manufacturing shrank by 5.9 percent.
On a year-on-year basis, the GDP expanded by 5.3 percent, down from 19.1 percent recorded in the previous quarter. Domestic demand, although moderated, continued to be the main driver of the expansion.