Construction activity in
Although the overall growth rate remains that same, at 4.4% compared with 4.0% in 2006, Cystat has made various adjustments to the components following the receipt of various short-term indicators.
Gross value added in construction was revised down from 5.7% to 5.0% in 2007, compared with 6.0% in 2006.
By contrast, gross value added for the wholesale and retail trade sector was revised up from 5.5% to 5.9%, compared with 5.2% in 2006.
On the demand side, the governmentâ€™s pre-election spending could be behind an upward revision to government final consumption expenditure, from a contraction of 1.5% according to initial estimates to a contraction of only 0.1% in the revised version.
GDP for the whole year is provisionally estimated at â‚¬15,490.2 mln at current prices compared with â‚¬14,393.6 mln in 2006.
At constant 2000 prices (chain-linking method), it is estimated at â‚¬12,576.3 mln compared with â‚¬12,050.7 mln in 2006.