Gross domestic product (GDP) decreased a non-adjusted 1.4% year-on-year after a 2.6% slump in the third quarter.
The economy had contracted 1.0% and 8.9% in the first and second quarters, respectively. On a seasonally and calendar-adjusted basis, GDP fell 1.7% year-on-year following a 2.6% drop in the previous quarter. The economy grew a seasonally and calendar adjusted 1.1% from the third quarter, when it expanded 7.1%.
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