NEWS RELEASE NATIONAL ACCOUNTS 13 JUNE 2006

Statistics Iceland releases now a new issue of Statistical Series. This issue presents the Gross Domestic Product (GDP) in 1st quarter of 2006. Total domestic expenditure increased by 13.7% in real terms in the first quarter of 2006 as compared with the same quarter of 2005. Owing to a considerable rise of imports by 19,5% and a decrease of exports by 6.4% the growth rate of Gross Domestic Product (GDP) is estimated 5.0%. Seasonally adjusted series show 4.1% growth rate in GDP for the same period. See furhter in:

Quarterly national accounts, 1st quarter 2006 - Statistical Series

Statistics (see Quarterly GDP 1997-2006)

Further Information

For further information please contact 528 1100 , email upplysingar@hagstofa.is

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