In Q2 2023, gross domestic product (GDP) increased significantly (+0.5% in volume terms*, after +0.1% in the previous quarter). Foreign trade contributed positively to GDP growth (+0.7 points after +0.5 points). Exports bounced back this quarter (+2.6% after -0.8%), as well as imports to a lesser extent (+0.4% after - 2.0%). Conversely, final domestic demand (excluding inventories) contributed again negatively to GDP growth (-0.1 points in Q2 2023, as in the previous quarter), because of the decrease of household consumption (-0.4% after 0.0%). Gross fixed capital formation (GFCF) increased (+0.1% after - 0.4%). ... (full story)