| Consensus | Consensus Range | Actual | Previous | |
| Quarter over Quarter | 0.2% | 0.2% to 0.2% | 0.2% | 0.2% |
| Year over Year | 1.0% | 1.0% to 1.0% | 1.0% | 1.0% |
Highlights
Seasonally and calendar-adjusted GDP rose 0.2 percent in the second quarter compared with the first three months of the year, and 1.0 percent compared with the second quarter of 2025, confirming preliminary estimates.
All main components of domestic demand posted positive changes on the quarter. Final consumption expenditure and gross fixed capital formation each rose 0.3 percent, while imports rose 1.7 percent and exports rose 0.8 percent.
Domestic demand net of inventory changes contributed 0.3 percentage points to GDP growth, and changes in inventories added a further 0.2 percentage points. Net external demand subtracted 0.3 percentage points.
On the supply side, gross value added declined in agriculture, down 0.2 percent, and industry, down 0.5 percent, but this was more than offset by services, which grew 0.4 percent overall.
Within final consumption, households' spending and that of non-profit institutions serving households rose 0.4 percent on the quarter and 1.3 percent year-on-year, while government consumption fell 0.1 percent on the quarter but rose 0.3 percent year-on-year.
Within gross fixed capital formation, investment in dwellings fell 7.0 percent on the quarter, while other buildings and structures rose 7.4 percent. Machinery, equipment and weapon systems fell 2.3 percent on the quarter, including a 1.9 percent decline in transport equipment. Intellectual property products rose 1.0 percent on the quarter.
Year-on-year, imports rose 5.3 percent and exports rose 4.4 percent, outpacing the 1.0 percent rise in GDP.
Market Consensus Before Announcement
No revision expected in the final report for Q2 with gains of 0.2 percent on quarter and 1.0 percent on year.