Beligum Q2 Growth Unrevised

(RTTNews) - Belgium's economic growth remained steady in the second quarter, as estimated earlier, led by industry and construction, final figures from the National Bank of Belgium revealed Monday.

Gross domestic product rose 0.4 percent sequentially, same as in the first quarter. A year ago, growth was just 0.1 percent.

Industrial output grew 0.6 percent, increasing for a second straight quarter. Construction rebounded with 1.2 percent gain, while services growth eased to 0.3 percent.

Private consumption rose 0.5 percent, while investments declined 9.6 percent. Domestic demand declined 2.1 percent. Exports grew 3.3 percent and imports climbed 0.4 percent.

Year-on-year, GDP grew 1.3 percent in the three months to June, following 1 percent growth in each of the previous three quarters. The figure for first quarter was revised from 0.9 percent. In the second quarter of 2014, the economy expanded 1.1 percent.