The manufacturing sector increased 6.2 percent, following a 19.2 percent jump in Q3, boosted by robust expansions in the electronics and precision clusters which outweighed output declines in biomedical manufacturing and transport engineering.
The services sector went up 3 percent, moderating from a 3.2 percent rise in Q3. Growth was mainly driven by finance and insurance; wholesale and retail trade and transportation and storage.
The construction sector shrank 8.5 percent, extending the 7.7 percent decline in Q3 and mainly due to weakness in private sector activities.
On a quarterly basis, the economy advanced an annualized 2.8 percent, below 9.4 percent in Q3 and market expectations of 2.9 percent.