GDP growth accelerated in Q2 2013 (to +0.6% q/q, after +0.3% q/q in Q1 2013). On a year-on-year basis, GDP increased by 1.4%. The main contributor to the increase was the service sector (+0.6% q/q). However activity also rose in all other main sectors for the first time since Q2 2010. GDP, up by 0.2% in 2012, may thus grow faster this year.
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BNP Paribas