- Prior -0.1%
The details are less encouraging with household consumption actually falling by 0.2% during the quarter. Overall, that led to domestic demand making a negative contribution of 0.1% in Q1, following a 0.2% positive contribution in Q4 last year. The overall GDP increase was led by inventory changes instead (+1.0%), offset by net foreign trade (-0.8%).
This article was written by Justin Low at www.forexlive.com.
