Prior +0.1%GDP +1.4% y/yPrior +1.5%
Looking at the breakdown, household consumption contributed 0.1% to GDP growth on the quarter with government expenditure (+0.1%) and gross fixed capital formation (+0.2%) also seen increasing. Changes in inventories were also positive (+0.1%) and the only offsetting factor was exports less imports (-0.2%).
This article was written by Justin Low at investinglive.com.