Household final consumption increased by 1.3% and gross government final consumption increased by 1.4%, while fixed capital formation decreased by 7.1% over the same period. At the same time balance of trade in goods and services improved, exports grew by 4.2% and imports decreased by 1.9%.
Non-seasonally adjusted figures indicate a year over year (YOY) increase in GDP by 4.9% for the 3rd quarter of 2013. Total domestic expenditure increased by 0.6% in the quarter, when compared with the same quarter of the previous year.
Source: Statistics Iceland