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GDP increased moderately in Q1 2023 (+0.2%)
In Q1 2023, gross domestic product (GDP) rose moderately over a quarter (+0.2% in volume terms*) after a stability in the previous quarter. Final domestic demand (excluding inventories) contributed again negatively to GDP growth but less than in the previous quarter (-0.1 points in Q1 2023 after -0.4 points), because of the stability of household consumption (0.0% after -1.0%), whereas gross fixed capital formation (GFCF) declined slightly (-0.2% after 0.0%). Conversely, foreign trade contributed positively to GDP growth (+0.6 points after +0.2 points). Imports decreased this quarter (-0.6% after +0.1%), while ... (full story)