Household spending rose at a softer pace (3.2 percent compared to 3.6 percent in Q1) while government consumption fell (-4.3 percent compared to 9.7 percent in Q1). Exports increased 10.5 percent (10.9 percent in Q1) while imports went up 2.3 percent (0.7 percent in Q1). On the other hand, gross fixed capital formation jumped 9.5 percent (3 percent in Q1).
On the production side, a slowdown was reported for services (5.7 percent compared to 6.3 percent in Q1) and industry (6.3 percent compared to 6.7 percent in Q1) while agriculture (4.7 percent compared to 1.7 percent) and construction (6.8 percent compared to 6 percent in Q1) increased at a faster pace.
On a quarterly basis, the economy expanded 2.1 percent, above a downwardly revised 1.3 percent in the previous period.