3  Normally, an upward revision of the potential growth rate or potential GDP figures will exacerbate the output gap. However, with improvements on the supply side of the economy, the output gap may improve and upward pressure on prices may heighten if demand increases in the somewhat longer term at a pace exceeding growth in supply capacity.
This growth was driven by all sectors, except construction. Unemployment remained stuck around 8 per cent. We succeeded in anchoring inflation expectations. Indeed, since 2009, the annual average rate of inflation has been close to 4 per cent, and its volatility much reduced compared to previous years.