Short term indicators in July 2011

  • Hagtíðindi
  • 06. júlí 2011
  • ISSN: 1670-4827

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In real terms, seasonally adjusted GDP in the 1st quarter of 2011 increased by 2.0% from the previous quarter. Household final consumption decreased by 1.6% and gross fixed capital formation decreased by 6.8%. Government final consumption increased by 0.1%. Owing to a considerable increase in inventories total domestic final expenditure increased by 5.1%. Exports decreased by 8.2% and imports by 4.1% in the 1st quarter of 2011 as compared with the 4th quarter 2010.

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