Final domestic demand excluding inventory changes contributed 0.4 percentage points to GDP growth, the same as in the previous quarter, as household consumption grew 0.3 percent (0.1 percent in Q1 2017) and government expenditure went up 0.4 percent (0.3 percent in Q1). Gross fixed capital formation rose at a slower 0.5 percent after a 1.4 percent advance in Q1. Meanwhile, changes in inventories contributed negatively to growth (-0.6 percentage points after 0.7 percentage points in Q1).
Foreign trade balance contributed positively to GDP growth (0.8 percentage points after -0.6 percentage points in Q1), as exports bounced back (3.1 percent after -0.7 percent in Q1) while imports rose at a slower pace (0.2 percent after 1.2 percent).
Year-on-year, the economy advanced 1.8 percent, following a 1.1 percent growth in the previous period. It was the strongest pace of expansion since the third quarter of 2011.