The growth was mainly driven by household spending (+1.4 percent vs +0.8 percent in Q2) and public consumption (+1.1 percent vs +0.7 percent). In contrast, gross fixed capital formation contracted 2.4 percent, following a 1.7 percent decline in the previous period.
The net trade contributed negatively, as exports fell 0.4 percent (+3.1 percent in Q2) while imports declined at a slower 0.1 percent (+2.7 percent in Q2).
Year-on-year, the GDP expanded 2.5 percent, compared to 3.1 percent growth in the second quarter of 2016, the weakest growth since the third quarter of 2013.