Published on Thursday19thSeptember2013
CSO Announce Quarterly National Accounts
CSO Senior Statistician, Michael Connolly, speaking at the announcement of the Quarterly National Accounts earlier
Preliminary estimates for the second quarter of 2013 indicate that GDP increased by 0.4 per cent in volume terms on a seasonally adjusted basis compared with the first quarter of 2013. GNP, on the other hand, declined by 0.4 per cent in real terms over this period.
On the output side of the accounts Building and construction grew by 4.2 per cent while Distribution, transport, software and communication increased by 1.4 per cent in volume terms between Q1 2013 and Q2 2013. On the other hand Industry(including Building and construction) declined by 0.3 per cent, Public administration decreased by 1 per cent and Other services contracted by 0.1 per cent in volume terms on a seasonally adjusted basis between Q1 2013 and Q2 of 2013.