Domestic expenditure has continued to grow at a robust pace, increasing by 7,2 per cent in the fourth quarter on a quarterly annualised basis, and 4,2 per cent for 2003 as a whole, slightly lower than that recorded in the previous year.
Gross fixed capital formation grew by 8,4 during the year, reflecting in part increased infrastructure spending by government, while government consumption expenditure and household consumption expenditure increased by 4,6 per cent and 3 per cent respectively.