<ul><li>GDP +2.3% vs +2.1% y/y second estimate</li></ul><p style=““ class=“text-align-justify“>There’s a slight revision higher and looking at the breakdown, household consumption expenditure contributed to 0.4% in GDP growth while contribution from government final expenditure was negligible. Meanwhile, gross fixed capital formation contributed 0.8%, contribution from external balance was negative at -1.1%, and contribution from changes in inventories was seen up 0.2%.</p>
This article was written by Justin Low at forexlive.com.