In preparing economic development plans, information is needed about economic developments in a relatively short period of time. The information in question can, among other things, be obtained through reviewing quarterly GDP data and indicators. Apart from planning, quarterly GRDP can also be used to develop econometric models to observe short-term or seasonal economic fluctuations.
During the first quarter of 2013, Lampung's economy grew 8.97 percent from the previous quarter (q to q). Compared to the same quarter in 2012 (y on y), Lampung's economy increased by 5.81 percent. And cumulatively Lampung's economic growth up to the first quarter of 2013 (c to c) grew 5.81 percent.
In "q to q" sectoral growth, there are three sectors experiencing positive growth, namely the Agricultural sector; Mining/Excavation, and Trade sector. The largest growth occurred in the Agricultural sector which grew 30.91 percent, while the Mining/quarrying sector and the Trade sector grew at a rate of 4.41 and 1.44 percent respectively. However, when compared with the same quarter of the previous year, positive growth was recorded in all sectors, with the largest growth occurring in the Finance, Rental and Corporate Services sectors (12.29 percent).
Lampung's economic structure in the first quarter of 2013 did not experience significant changes in sequence. The agricultural sector still has the largest role in the Lampung economy.
Growth in the first quarter of 2013 "y on y" was 5.81 percent, influenced by the Net Export component which contributed to growth of 9.61 percent, Household Consumption 3.94 percent and Gross Fixed Capital Formation 1.44 percent.
The structure of GRDP according to Expenditures in the first quarter of 2013 is dominated by the Household Consumption Component (52.39 percent), Net Exports (19.18 percent) and PMTB (17.41 percent)
