Key findings: P0441 - Gross Domestic Product (GDP), 1st Quarter 2015

The GDP figure for the 1st quarter 2015 1,3% q/q and 2.1% y/y

Real gross domestic product (GDP) at market prices increased by 1,3 per cent during the first quarter of 2015

The seasonally adjusted real GDP at market prices for the first quarter of 2015 increased by an annualised rate of 1,3 per cent compared with an increase of 4,1 per cent during the fourth quarter of 2014.

The main contributors to the increase in economic activity for the first quarter of 2015 were the mining and quarrying industry (contributing 0,8 of a percentage point), finance, real estate and business services (contributing 0,7 of a percentage point) and the wholesale, retail and motor trade, catering and accomodation industry (contributing 0,2 of a percentage point). Negative contributions were recorded by the agriculture, forestry and fishing industry (-0,4 of a percentage point) and the manufacturing industry (-0,3 of a percentage point).

The seasonally adjusted real annualised value added by the primary and tertiary sectors recorded increases of 3,3 per cent and 1,5 per cent respectively, while the secondary sector recorded a decrease of 1,4 per cent during the first quarter of 2015.

The unadjusted real GDP at market prices for the first quarter of 2015 increased by 2,1 per cent compared with the first quarter of 2014.

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