On the expenditure side, private consumption advanced 1.32 percent (0.15 percent in Q1) and fixed investment grew 2.95 percent (-5.45 percent in Q1). Also, private non-profit consumption went up 2.93 percent (-1.69 percent in Q1) and government spending expanded 29.37 percent (-45.55 percent in Q1). Meanwhile, exports went down 2.09 percent (0.57 percent in Q1) and imports decreased 1.55 percent (-4.50 percent in Q1).
On the production side, output grew for: Educational services (2.99 percent from -10.39 percent in Q1); government administration (0.11 percent from -7.91 percent); healthcare (0.63 percent from -1.72 percent); transport and storage (2.91 percent from -1.18 percent); mining and quarrying (0.41 percent from -0.93 percent); manufacturing (2.84 percent from 0.55 percent); wholesale and retail trade (2.82 percent from -0.06 percent); business services (2.52 percent from 2.21 percent); other services (2.56 percent from 1.89 percent); water and waste management (1.26 percent from 0.69 percent); information and communication (5.65 percent from 0.31 percent); finance and insurance (1.96 percent from 1.91 percent); agriculture (8.44 percent from 15.59 percent); and real estate (1.16 percent from 1.79 percent). In contrast, output contracted for electricity and gas (-0.99 percent from -3.45 percent in Q1).
Year-on-year, the economy expanded 5.01 percent, the same pace as in the first quarter but below market estimates of a 5.10 percent growth.