In seasonally adjusted data, the first-quarter growth was revised down to 1.9% from 2.2% previously, the statistics institute INS said in its third estimate of the country’s economic performance.
Compared with the fourth quarter of 2012, the gross domestic product expanded 0.6% in the January-March period, also at a slightly slower pace than the 0.7% increase reported last month.
The GDP components were broadly unmodified compared with the previous report, with gross capital formation and net exports posting the only significant changes.
Gross capital formation made a negative contribution of 1% to the GDP growth in the first quarter, down from a negative impact of 0.1% estimated last month, INS data showed.
However, exports grew faster than initially thought, contributing 4.4% to the country’s GDP in the first three months. Previous figures showed exports made a positive contribution of 3%.