In the fourth quarter, household consumption grew by 0.1 percent, driven by healthcare sector, food and beverages sector and communication. Meanwhile, government expenditure increased by 0.6 percent.
Investment in equipment shrank by 0.9 percent (from +0.2 percent in the third quarter) while investment in construction rose 0.1 percent, the same as in the previous quarter.
Exports of goods (excluding non-monetary gold and valuables) increased by 2.9 percent (from a 0.5 percent growth in the third quarter). Positive contributions came from chemical and pharmaceutical products. The remaining categories, particularly sales of watches, jewelry and precision instruments, stagnated. Imports of goods (excluding non-monetary gold and valuables) rose 4.2 percent (after remaining flat in Q3). That brought foreign trade a negative contribution to the growth.
Year-on-year, the economy also expanded 0.4 percent, slowing from a 0.8 percent growth in the previous three months.
Considering full year 2015, GDP was provisionally calculated at 0.9 percent, as compared to a 1.9 percent expansion in the preceding year.